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02 Feb
16:41

UK construction sector begins 2018 in neutral

Activity in the UK construction sector dipped to a fourth-month low in January, according to the latest IHS Markit/Chartered Institute of Purchasing and Supply (CIPS) survey monitored by Kallanish. Residential building activity, a bulwark for the sector in 2017, slipped into decline and a contraction in new business was witnessed during the month. The seasonally adjusted IHS Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) posted 50.2 in J…
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