- Friday, April 26, 2024
By: Radhakrishna N S
Construction works in the UK grew at the fastest rate in four months during November supported by residential and commercial construction activities. However, Brexit concerns weighed on the outlook for 2019, according to a survey published on Tuesday (4). The seasonally adjusted IHS Markit/CIPS UK construction total activity index registered 53.4 in November, up from 53.2 in October, to remain above the crucial 50.0 no-change mark for the eighth successive month. Moreover, the latest reading signalled the strongest rate of business activity expansion since July. November data pointed to a solid expansion of UK construction output, which was supported by…
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