The UK construction sector expanded at the sharpest pace in three months in May, driven by faster gains in commercial building and civil engineering activity, survey results from S&P Global showed Tuesday.
The Chartered Institute of Procurement & Supply construction Purchasing Managers' Index, or PMI, rose to 51.6 in May from 51.1 in April. The score was expected to remain stable at 51.1.
A reading above 50 suggests growth in the sector.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.