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05 Sep
20:48

UK commercial construction downturn leads August sector fall

Activity in the UK construction sector slowed again in July according to the latest Markit/Chartered Institute of Purchasing and Supply (CIPS) survey monitored by Kallanish. The fall-off was primarily due to a major reduction in steel-intensive commercial work, which fell at the fastest pace for 12 months following a decrease in June, Markit/CIPS says. Adjusted for seasonal influences, the IHS Markit/CIPS UK Construction Purchasing Managers’ Index (PM…
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