The UK construction sector continued to shrink in March as new orders declined the most in four months, survey results from S&P Global showed Wednesday.
The construction Purchasing Managers' Index declined to 45.6 in March from 44.5 in February. The score remained below neutral 50.0 mark for the fifteenth month in a row.
Residential work remained by far the weakest-performing category. Civil engineering and commercial construction also contracted in March. All three sub-categories recorded slower rates of contraction than in February.
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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.