Global Economic News

UK Construction Sector Contraction Eases In November

The UK construction sector continued to contract in November, albeit at a slower pace, as new work weakened amid domestic political uncertainty, but the overall pace of decline slowed from October, survey data showed Tuesday.

The construction Purchasing Managers' Index rose more-than-expected to 45.3 in November from 44.2 in October, data from IHS Markit and the Chartered Institute of Procurement & Supply showed. The expected reading was 44.5.

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by RTTNews Staff Writer

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