By: Radhakrishna N S
Amid nearing Brexit, the construction sector in the UK exhibited less confidence which forced the construction activities to grow at a slowest pace in the six months in September, said a private survey on Tuesday (2). At 52.1 in September, down from 52.9 in August, the seasonally adjusted IHS Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) signalled the weakest upturn in output for six months. UK construction companies indicated a sustained increase in the business activity during September, but the rate of expansion slowed for the second month running. Civil engineering was the worst performing subcategory of construction work, with…
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