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05 Apr
15:19

UK construction activity eases back in March

Data from the latest Markit/Chartered Institute of Purchasing (CIPS) survey shows that business activity in the UK construction sector eased back in March.  A residential housing slowdown was partly offset by a rebound in civil engineering and commercial work and input price inflation slowed. The seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) dropped from 52.5 in February to 52.2 in March. This signals the joint-slowe…
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