The UK construction sector shrank at the fastest pace in six years in May amid shrinking order books and rising economic uncertainty, survey data from S&P Global showed Thursday.
The construction Purchasing Managers' Index unexpectedly fell to 38.2 in May from 39.7 in the previous month. The reading was seen at 40.4.
The index fell below the neutral 50.0 threshold for the seventeenth straight month in May.
For comments and feedback contact: editorial@rttnews.com
Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.