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News » UK » Infrastructure drags down February output figures » published 10 Apr 2017

Infrastructure drags down February output figures

Output in the construction industry fell by 1.7% in February 2017 in comparison to January 2017.

Latest data from the Office for National Statistics show that infrastructure and house-building were both down during the month.

Having grown strongly in January 2017, infrastructure provided one of the main downward pressures on output in February, decreasing by 7.3%. It was the first month-on-month drop in infrastructure since October 2016.

New housing also contributed to the monthly decrease in overall output, falling month-on-month by 2.6% in February 2017.

Repair and maintenance output (which accounts for roughly a third of total construction output) showed growth in February, bouncing back from negative growth in January, increasing 1.2%. All new work was down 3.3%.

However, over the three month period December 2016 to February 2017, which gives a broader picture of what is going on, output in the construction industry grew for the fourth consecutive three-month period, increasing by 1.5%.

 

 

MPU

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

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