The IHS Markit/CIPS UK Construction PMI fell to 52.8 in December 2018 from 53.4 in the previous month and slightly below market expectations of 52.9. The latest reading signalled only a modest rate of expansion that was the slowest seen since September, largely reflecting softer rises in commercial and housing activity during December. Meanwhile, work on civil engineering projects increased at the fastest pace for just over one-and-a-half years. New orders expanded at a relatively subdued pace as heightened political uncertainty had encouraged delays to spending decisions among clients, and the rate of job creation eased from November's near three-year peak. On the price front, input cost inflation was the second-lowest since July 2016. Construction Pmi in the United Kingdom is reported by Markit Economics.

Construction Pmi in the United Kingdom is expected to be 50.80 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Pmi in the United Kingdom to stand at 53.40 in 12 months time. In the long-term, the United Kingdom Construction Pmi is projected to trend around 52.90 in 2020, according to our econometric models.

United Kingdom Construction Pmi
Forecast Data Chart
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United Kingdom Housing Last Previous Highest Lowest Unit
Housing Starts 46930.00 41190.00 69520.00 16420.00 units [+]
Construction Output 3.00 4.10 24.00 -19.20 percent [+]
Housing Index 743.50 727.80 743.70 96.10 Index Points [+]
Mortgage Approvals 63.73 66.71 151.80 26.30 Thousand [+]
Mortgage Applications 39403.00 39640.00 93541.00 17159.00 Units [+]
Construction Pmi 52.80 53.40 64.60 27.80 [+]
Construction Orders -30.70 -7.70 37.40 -43.90 percent [+]
Home Ownership Rate 63.40 63.50 73.30 63.40 percent [+]

United Kingdom Construction Pmi

In the United Kingdom, the Markit / Chartered Institute of Purchasing and Supply Purchasing Managers Index measures the performance of the construction sector and is derived from a survey of 170 construction companies. This page provides the latest reported value for - United Kingdom Construction Pmi - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Construction Pmi - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.80 53.40 64.60 27.80 2008 - 2018 Monthly

Country Last Previous
Australia 42.60 Dec/18
Euro Area 53.10 Dec/18
France 53.00 Dec/18
Germany 53.30 Dec/18
Italy 52.80 Dec/18
United Kingdom 52.80 Dec/18