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UK Construction Activity Growth Moderates In April

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The UK construction activity logged strong growth in April but the speed of recovery lost momentum amid weak new orders, survey results from S&P Global showed on Friday.

The construction Purchasing Managers' Index fell to 58.2 in April from 59.1 in March. A score above 50.0 indicates expansion.

Of the three main construction segments monitored by the survey, the fastest-growing remained commercial work, followed by civil engineering. Meanwhile, residential work remained the worst-performing sub-sector in April.

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