The UK construction sector contracted for the fourteenth consecutive month in February, survey data from S&P Global showed Thursday.
The construction Purchasing Managers' Index dropped to 44.5 from January's seven-month high of 46.4. The score signalled a solid reduction in overall business activity.
The sharp fall in residential building was the main factor behind the setback in February. Commercial construction activity also dropped at a faster pace. Civil engineering was the only sub-sector to register a slower fall in activity.
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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.