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Downturn In UK Construction Activity Deepens

The UK construction sector downturn deepened in July as volumes of work carried out across all sectors decreased markedly, survey results from S&P Global showed on Wednesday.

The headline construction Purchasing Managers' Index fell to 44.3 in July from 48.8 in June. The score signaled the sharpest contraction since May 2020.

The survey revealed marked decreases in activity across monitored sub-sectors, but a considerable drag came from a fresh drop in residential building.

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by Renju Jaya

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