British construction sector growth was the weakest in three months in December amid a slower rise in commercial work, survey data from IHS Markit showed on Thursday.
The CIPS Purchasing Managers' Index, or PMI, fell to 52.8 from 53.4 in November. The latest reading was in line with economists' expectations.
A PMI reading above 50 suggests growth in the construction sector, which has now expanded for nine months in a row.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.