Construction output in the United Kingdom went up 3 percent year-on-year in September 2018, following an upwardly revised 0.5 percent gain in the previous month and well above market expectations of 1.1 percent. It was the steepest increase in construction production since December last year, and mostly a result of a 3.4 percent rise in all new work (from -0.6 percent in August), and an increase of 2.4 percent in total repair & maintenance (from 2.5 percent). Contributions to growth came mainly from new housing, both public (11 percent from -2.9 percent) and private (9.9 percent from 7 percent) and other infrastructure new work (10.7 percent from 4.6 percent). On the other hand, falls were seen in other private industrial work (-7.3 percent from 2.8 percent). Construction Output in the United Kingdom averaged 2.14 percent from 1997 until 2018, reaching an all time high of 24 percent in March of 2002 and a record low of -19.20 percent in January of 2010.

Construction Output in the United Kingdom is expected to be 1.70 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 2.40 in 12 months time. In the long-term, the United Kingdom Construction Output is projected to trend around 2.20 percent in 2020, according to our econometric models.

United Kingdom Construction Output
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-10 08:30 AM Construction Output YoY 3.5% 2.2% 2.6% 1.1%
2018-10-10 08:30 AM Construction Output YoY 0.3% 2.8% 1.4% 2.1%
2018-11-09 09:30 AM Construction Output YoY 3% 0.5% 1.1% 1.9%
2018-12-11 09:30 AM Construction Output YoY 3% 1.5%

United Kingdom Housing Last Previous Highest Lowest Unit
Housing Starts 41190.00 39890.00 69520.00 16420.00 units [+]
Construction Output 3.00 0.50 24.00 -19.20 percent [+]
Housing Index 737.50 732.20 743.70 96.10 Index Points [+]
Mortgage Approvals 65.27 66.10 151.80 26.27 Thousand [+]
Mortgage Applications 38505.00 39241.00 92480.00 17241.00 Units [+]
Construction Pmi 53.20 52.10 64.60 27.80 [+]
Construction Orders -7.40 -6.90 37.40 -43.90 percent [+]
Home Ownership Rate 63.40 63.50 73.30 63.40 percent [+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 0.50 24.00 -19.20 1997 - 2018 percent Monthly

Country Last
Argentina -4.20 Sep/18
Australia 1.60 Jun/18
Euro Area 4.60 Sep/18
France 4.20 Sep/18
Germany 3.80 Sep/18
India 4.30 Sep/18
Italy 0.60 Aug/18
Mexico -0.70 Sep/18
Netherlands 7.40 Sep/18
Russia 0.10 Sep/18
South Korea -16.60 Sep/18
Spain 6.10 Sep/18
Switzerland 4.30 Jun/18
United Kingdom 3.00 Sep/18