Highlights of the August 2015 UK construction output data report 9 October 2015
- Prior -1.0%
- -1.3% vs 1.4% exp y/y. Prior -0.7%. Revised to +2.0%
Biggest fall in construction since Dec 2012. It flies against the much stronger PMI for the sector we saw for September and the ONS say bad weather (that old chestnut) may be behind the fall. We'll see whether that's the case when we get Sep's numbers next month
The pound's balloon has been popped once more as it drops to 1.5345 from 1.5365 on the data
UK construction output y/y
