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02 Sep
01:00

UK commercial construction output accelerates in July

The UK construction sector picked up slightly in August, led by the fastest rise in steel-intensive commercial work for five months, according to the Markit/Chartered Institute of Purchasing (CIPS) survey monitored by Kallanish. The headline seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) registered 57.3 in August, up from 57.1 in July and well above the neutral 50.0 threshold. Higher levels of business activity have be…
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