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02 Nov
20:32

UK construction activity grows in October

UK construction output rose in October according to the latest Markit/CIPS survey of the sector monitored by Kallanish. Business activity increased at the fastest pace since March although the non-steel intensive residential building sector remains the key growth engine. Input price inflation was close to its highest level since mid-2011, Markit/CIPS says. At 52.6 in October, the seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index (P…
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