The UK construction sector contracted for the tenth consecutive month in October, marking the longest sequence of contraction since the global financial crisis, survey results from S&P Global showed on Thursday.
The construction Purchasing Managers' Index dropped to 44.1 in October from 46.2 in the previous month. The reading signaled the steepest fall since May 2020.
Moreover, the score remained below the 50.0 no-change mark for the tenth month in a row. This was the longest period of continuous decline since the global financial crisis more than 15 years ago.
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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.