UK PMI construction dropped to 49.2, renewed slide in commercial work

<p>UK PMI Construction dropped sharply to 49.2 in January, down from 54.6, missed expectation of 52.8. Markit noted the renewed down turn in commercial activity. House building recovery lost momentum. But purchase price inflation was highest since June 2018. Tim Moore, Economics Director at IHS Markit: “The latest survey highlighted that construction companies have become […]</p>
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