Quantcast
Channel: Economic policy | The Guardian
Viewing all articles
Browse latest Browse all 8295

UK construction industry suffers surprise drop in output

$
0
0

Output fell 0.5% in November, against expected rise of 0.5%, with ONS saying bad weather may have had impact

Britain’s builders suffered an unexpected drop in output in November, signalling a faster slowdown in GDP growth during the final three months of 2015 than most City forecasts.

Construction output fell 0.5% on a monthly basis in November, according to the Office for National Statistics, against expectations for a rise of 0.5% in a Reuters poll of economists.

Related: UK housebuilding held up by lack of bricklayers, says report

Continue reading...

Viewing all articles
Browse latest Browse all 8295

Trending Articles