UK Construction Activity Shrinks At Slowest Pace In 4 Months
The UK construction activity contracted at the slowest pace in four months in July on slower fall in new orders, purchasing managers’ survey data from S&P Global showed Thursday.
The construction Purchasing Managers’ Index rose to a four-month high of 44.7 from 38.4 in June. However, the index remained below the neutral 50.0 threshold.
Reduced volumes of business activity have been recorded since January 2025, marking the longest continuous period of decline since the global financial crisis.
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