The UK construction sector growth weakened in September with the output rising to the smallest extent for eight months amid supply chain issues and softer demand, data published by IHS Markit showed on Wednesday.
The Chartered Institute of Procurement & Supply construction Purchasing Managers' Index fell more-than-expected to 52.6 in September from 55.2 in August. The expected level was 54.0.
The index signaled the weakest speed of recovery for eight months. Nonetheless, a reading above 50.0 indicates expansion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.