The IHS Markit/CIPS UK Construction PMI stood at 61.6 in April 2021, little-changed from the previous month's six-and-a-half year peak of 61.7 and below market expectations of 62.3. Still, the latest reading signaled a strong pace of expansion in the construction sector, with commercial work, civil engineering and house building all growing at solid rates. Total new work increased for the 11th consecutive month and at the fastest rate for just over six-and-a-half years, while the pace of job creation was the steepest since December 2015. Input buying expanded at the fastest pace since September 2014, while the latest lengthening of suppliers' delivery times was the third-greatest since the survey began in 1997. On the price front, input cost inflation jumped to an all-time high. Looking ahead, construction companies remained highly upbeat about their growth prospects in April. source: Markit Economics

Construction PMI in the United Kingdom averaged 51.29 points from 2008 until 2021, reaching an all time high of 64.60 points in January of 2014 and a record low of 8.20 points in April of 2020. This page provides the latest reported value for - United Kingdom Construction Pmi - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Construction PMI - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Construction PMI in the United Kingdom is expected to be 55.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction PMI in the United Kingdom to stand at 54.00 in 12 months time. In the long-term, the United Kingdom Construction PMI is projected to trend around 54.50 points in 2022 and 52.90 points in 2023, according to our econometric models.

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United Kingdom Construction PMI

Actual Previous Highest Lowest Dates Unit Frequency
61.60 61.70 64.60 8.20 2008 - 2021 points Monthly
NSA


News Stream
UK Construction Output Growth Remains Strong
The IHS Markit/CIPS UK Construction PMI stood at 61.6 in April 2021, little-changed from the previous month's six-and-a-half year peak of 61.7 and below market expectations of 62.3. Still, the latest reading signaled a strong pace of expansion in the construction sector, with commercial work, civil engineering and house building all growing at solid rates. Total new work increased for the 11th consecutive month and at the fastest rate for just over six-and-a-half years, while the pace of job creation was the steepest since December 2015. Input buying expanded at the fastest pace since September 2014, while the latest lengthening of suppliers' delivery times was the third-greatest since the survey began in 1997. On the price front, input cost inflation jumped to an all-time high. Looking ahead, construction companies remained highly upbeat about their growth prospects in April.
2021-05-07
UK Construction Output Expands Most Since 2014
The IHS Markit/CIPS UK Construction PMI jumped to 61.7 in March 2021, from 53.3 in the previous month and well above market expectations of 54.6. The latest reading signaled the strongest rate of construction output growth since September 2014, with housebuilding rising the most since July 2020 and both commercial construction and civil engineering expanding the most since the second half of 2014. New order growth accelerated to its fastest since September 2014 and the rate of job creation was the strongest for over two years. In addition, the latest upturn in input buying was the steepest since November 2020. On the price front, purchasing price inflation was the highest since August 2008. Looking ahead, business expectations were at the highest level since June 2015, reflecting confidence in the UK economic outlook, the improving pandemic situation and pent up demand.
2021-04-08
UK Construction Output Rebounds in February
The IHS Markit/CIPS UK Construction PMI rose to 53.3 in February 2021, up from 49.2 in the previous month and well above market expectations of 51.0. The latest reading signaled a solid increase on overall construction output as project starts increased in anticipation of improving UK economic conditions in 2021. The slowdown in house building was more than offset by the sharpest rise in commercial work since last September and a slower fall in civil engineering activity. Overall new orders increased for the ninth consecutive month, amid improving demand across a range of sources, including residential development, new opportunities in the commercial segment and public sector infrastructure spending. In addition, the rate of job creation was the fastest since March 2019. On the price front, average cost burdens across the sector rose the most since August 2008. Looking ahead, business optimism hit a five-year high.
2021-03-04
UK Construction Sector Falls into Contraction
The IHS Markit/CIPS UK Construction PMI dropped to 49.2 in January 2021, down from 54.6 in the previous month and well below market expectations of 52.9. The latest reading signaled a decline in overall construction output for the first time since May 2020, as a renewed fall in commercial activity and another drop in work on civil engineering projects offset strong growth in the residential category. At the same time, new order rose the least in seven months as the third national lockdown and concerns about the near-term economic outlook led to greater hesitancy among clients; while employment declined due to the non-replacement of leavers following project completions. On the price front, input cost inflation accelerated to its highest for just over two-and-a-half years.
2021-02-04

United Kingdom Construction PMI
In the United Kingdom, the Markit / Chartered Institute of Purchasing and Supply Purchasing Managers Index measures the performance of the construction sector and is derived from a survey of 170 construction companies.