- Construction PMI 38.4 vs 40.0 expected
- Prior 38.2
UK construction activity continues to be subdued in June even with slower reductions in new orders
in comparison to May. Of note, cost pressures moderated in June and supply chain
disruptions were notably less acute than in April and May. But still, it wasn’t enough to really see a marked improvement in conditions and overall activity.
Commercial construction (41.5) was the best-performing category
and showed some resilience in June. Meanwhile, house building activity (35.9) decreased at the
sharpest pace in 2026 to date. And civil engineering
activity (22.1) fell to the greatest extent since April 2020. So, there’s not much of a relief in that sense.
Demand for construction products and materials softened
again in June, which helped to alleviate pressures on supply
chains. Adding to that, survey respondents noted rising inventories
among vendors and fewer instances of shipping delays. Measured overall, supplier performance deteriorated to the
least marked extent since March.
This article was written by Justin Low at investinglive.com.
