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News » UK » Construction output falls 1.2% » published 10 Jul 2017

Construction output falls 1.2%

Construction output fell in May 2017 by 1.2%, in both the month on month and three-month on three-month time series.

The three-month on three-month decrease represents the largest fall in output recorded by the Office for National Statistics (ONS) since September 2012, driven by falls in both repair and maintenance, and all new work.

The main downward pressure on monthly growth came from all new work, most notably from infrastructure, which fell 4.0% following strong growth in April 2017.

Construction output also fell on the year, May 2017 output was 0.3% down on May 2016, the first consecutive month-on-year decrease in output since May 2013.

The ONS has now revised construction output growth for April 2017 upwards by 0.5 percentage points from minus 1.6% to minus 1.1%.

 

 

 

MPU

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This article was published on 10 Jul 2017 (last updated on 10 Jul 2017).

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