UK construction activity declined at the slowest pace since the current period of contraction began in January, survey results from S&P Global showed on Friday.
The headline construction Purchasing Managers' Index rose to 48.8 in June from 47.9 in May. The expected score was 48.6. Any reading below 50.0 indicates an overall reduction in construction activity.
There were accelerated rates of contraction in the commercial and civil engineering segments. Commercial work fell at the fastest pace since May 2020 due to subdued economic conditions and cutbacks to investment spending.
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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.