UK PMI construction rose to 54.7, beat expectations

<p>UK PMI Construction rose to 54.7 in November, up from 53.1, well above expectation of 52.3. Markit noted that house building remained the best-performing category. New order growth was highest for just over six years. But stretched supply chains led to rising costs. Tim Moore, Economics Director at IHS Markit: &#8220;UK construction output stayed on [&#8230;]</p>
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