Construction output in the United Kingdom fell by 10 percent year-on-year in September of 2020, following a revised 12.2 percent plunge in the prior month and compared to market expectations of an 11.7 percent contraction. It was the smallest decline in construction activity since March when the pandemic started to hit the economy. All new work shrank by 12.4 percent (vs -13.4 percent in August) amid softer decreases in private new housing (-7.3 percent vs -10.6 percent), industrial (-24 percent vs -34.7 percent) and commercial (-18.1 percent vs -22.2 percent). Also, repair and maintenance fell by 5.4 percent, compared to a 9.9 percent slump in August. On a monthly basis, construction output grew by 2.9 percent, the fifth consecutive month of growth in all work since the large fall in construction output in April. Still, the level of output remains 7.3 percent lower than pre-pandemic levels. source: Office for National Statistics

Construction Output in the United Kingdom averaged 1.36 percent from 1997 until 2020, reaching an all time high of 24 percent in March of 2002 and a record low of -45.90 percent in April of 2020. This page provides the latest reported value for - United Kingdom Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Construction Output in the United Kingdom is expected to be -11.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in the United Kingdom to stand at 6.50 in 12 months time. In the long-term, the United Kingdom Construction Output is projected to trend around 5.10 percent in 2021 and 2.50 percent in 2022, according to our econometric models.

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United Kingdom Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
-10.00 -12.20 24.00 -45.90 1997 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-12 06:00 AM Jun -24.8% -40% -29.5% -20%
2020-09-11 06:00 AM Jul -12.8% -24.8% -16.4% -18%
2020-10-09 06:00 AM Aug -13% -15.6% -8.8% -9.8%
2020-11-12 07:00 AM Sep -10% -13% -11.7% -11.7%
2020-12-10 07:00 AM Oct -10% -12%
2021-01-15 07:00 AM Nov
2021-02-10 07:00 AM Dec
2021-03-12 07:00 AM Jan


News Stream
UK Construction Output Shrinks Less than Expected
Construction output in the United Kingdom fell by 10 percent year-on-year in September of 2020, following a revised 12.2 percent plunge in the prior month and compared to market expectations of an 11.7 percent contraction. It was the smallest decline in construction activity since March when the pandemic started to hit the economy. All new work shrank by 12.4 percent (vs -13.4 percent in August) amid softer decreases in private new housing (-7.3 percent vs -10.6 percent), industrial (-24 percent vs -34.7 percent) and commercial (-18.1 percent vs -22.2 percent). Also, repair and maintenance fell by 5.4 percent, compared to a 9.9 percent slump in August. On a monthly basis, construction output grew by 2.9 percent, the fifth consecutive month of growth in all work since the large fall in construction output in April. Still, the level of output remains 7.3 percent lower than pre-pandemic levels.
2020-11-12
UK Construction Output Contracts More than Expected
Construction output in the United Kingdom shrank by 13.0 percent year-on-year in August 2020, following a revised 15.6 percent tumble in the previous month and compared to market expectations of an 8.8 percent contraction. All new work declined by 13.9 percent (vs -16.5 percent in July) led by private new housing (-10.4 percent vs -21.5 percent), commercial (-22.0 percent vs -19.4 percent), industrial (-42.5 percent vs -26.4 percent) and public work (-12.2 percent vs -11.6 percent). Also, repair and maintenance dropped by 11.3 percent, compared to a 13.9 percent decline in July. On a monthly basis, construction output grew by 3.0 percent, the fourth consecutive month of growth in all work since the large fall in construction output in April. Still, the level of output remains 10.8 percent lower than pre-pandemic levels.
2020-10-09
UK Construction Output Drops Less than Expected
Construction output in the United Kingdom fell 12.8 percent year-on-year in July of 2020, following a 24.8 percent drop in the previous month and compared with market forecasts of a 16.8 percent decline. On a monthly basis, construction output rose 17.6 percent, the second-largest monthly growth since monthly records began in January 2010.
2020-09-11
UK Construction Output Falls Less than Expected in June
Construction output in the United Kingdom declined 24.8 percent year-on-year in June 2020, following an upwardly revised 40 percent slump in the previous month and compared with market forecasts of a 29.5 percent plunge. During June 2020, several constructors returned to work after the coronavirus lockdown, as businesses managed to operate while adhering to social distancing measures. However, decreases were still seen in all subsectors, but the biggest were reported for public new housing (-42.9 percent) and private new housing (-35.4 percent). Repair and maintenance was down 25.8 percent and other new work fell 3.7 percent. On a monthly basis, construction output grew by a record 23.5 percent, substantially higher than the previous record monthly growth of 7.6 percent in May 2020. On a quarterly basis, construction output declined by a record 35 percent compared with the previous quarter.
2020-08-12

United Kingdom Construction Output
In the United Kingdom, construction output measures the yearly change in the amount charged by construction companies to customers for value of work. The value is based on the sample of 8,000 businesses, employing over 100 people or with an annual turnover of more than £60 million. Construction estimates are a component of GDP from the production approach, contributing approximately 6.4% of GDP.