Market news
09.09.2016, 09:25

UK construction output flat in July

The reporting period for this release covers the calendar month of July 2016 and therefore includes data for the month following the EU referendum. Construction output was flat in July 2016 and there is very little anecdotal evidence at present to suggest that the referendum has had an impact on output. You should note that we always warn against overly interpreting one month's figures.

In July 2016, construction output was estimated to have shown no growth compared with June 2016.

All new work increased by 0.5% while all repair and maintenance decreased by 1.1%.

Compared with July 2015, construction output decreased by 1.5%. All new work, and repair and maintenance decreased by 0.6% and 3.2% respectively.

The underlying pattern as suggested by the 3 month on 3 month movement in output in the construction industry decreased by 1.2%.

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