Construction output in the UK advanced by 5.7% year-on-year in September of 2022, following an upwardly revised 6.4% gain in the previous month. All new work activity growth slowed (6.5% vs 6.8% in August), as new housing increased at a softer pace (9.4% vs 13%). Also, all repair and maintenance lost some steam (4.4% vs 5.9%). On a monthly basis, construction activity went up by 0.4% in September, after an upwardly revised 0.6% rise in the prior month and better than market forecasts of a 0.6% fall. source: Office for National Statistics

Construction Output in the United Kingdom averaged 2.05 percent from 1997 until 2022, reaching an all time high of 80.60 percent in April of 2021 and a record low of -45.40 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 2022.

Construction Output in the United Kingdom is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Construction Output is projected to trend around 4.20 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

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United Kingdom Construction Output



Calendar GMT Actual Previous Consensus TEForecast
2022-10-12 06:00 AM Aug 6.1% 4.9% 5.6% 1.8%
2022-11-11 07:00 AM Sep 5.7% 6.4% 5.3%
2022-12-12 07:00 AM Oct 5.7% 6.8%


Related Last Previous Unit Reference
Construction Output 5.70 6.40 percent Sep 2022
Construction Orders 8.50 -13.30 percent Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
5.70 6.40 80.60 -45.40 1997 - 2022 percent Monthly
SA

News Stream
UK Construction Output Growth Slows in September
Construction output in the UK advanced by 5.7% year-on-year in September of 2022, following an upwardly revised 6.4% gain in the previous month. All new work activity growth slowed (6.5% vs 6.8% in August), as new housing increased at a softer pace (9.4% vs 13%). Also, all repair and maintenance lost some steam (4.4% vs 5.9%). On a monthly basis, construction activity went up by 0.4% in September, after an upwardly revised 0.6% rise in the prior month and better than market forecasts of a 0.6% fall.
2022-11-11
UK Construction Output Rises More than Expected
Construction output in the UK advanced by 6.1% year-on-year in August of 2022, following an upwardly revised 4.9% gain in the previous month and above market expectations of a 5.6% rise. All new work activity grew much faster (6.9% vs 3.9% in July), boosted by new housing (12% vs 12.5%). Meanwhile, all repair and maintenance increased at a slower pace (4.7% vs 6.6%). On a monthly basis, construction activity went up by 0.4% in August, after an upwardly revised 0.1% rise in the prior month and slightly below market forecasts of a 0.5% gain.
2022-10-12
UK Construction Output Rises Less than Expected
Construction output in the UK increased by 4.3% year-on-year in July of 2022, following a 4.1% gain in the previous month but missing market expectations of 5.6%. All new work activity picked up (4.1% vs 2.8% in June), boosted by new housing (9.8% vs 7.9%). Meanwhile, all repair and maintenance increased at a slower pace (4.8% vs 6.4%). On a monthly basis, construction activity went down by 0.8% in July, after a 1.4% decrease in the prior month and compared with market forecasts of a 0.5% gain. High prices for construction products along with slowing new orders were mentioned as possible reasons for reduced demand. At the same time, working days were lost due to the warm weather experienced in July.
2022-09-12