The downturn in the UK construction sector slowed at the start of the year, survey data from S&P Global revealed Thursday.
The construction Purchasing Managers' Index registered 46.4 in January, up from December's five-and-a-half year low of 40.1. The score was well above economists' forecast of 42.2.
The latest reading was the highest since June 2025. However, the score remained below the 50.0 no-change value for the thirteenth month in a row.
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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.