• Prior -3.9%. Revised to -3.0%
  • 3.5% vs 3.9% exp y/y. Prior -0.3%. Revised to +0.8%

The report has been marginally saved by the revisions, very marginally. It doesn’t save cable from tipping from a test of 1.5700 to 1.5680.

ONS says strength in new house building continues to provide upward pressure (+5.1% in Q3 from Q2 and highest since 2010). They also say the numbers match the first estimates used in Q3 GDP (we guess half of our provisional GDP numbers)

UK construction output 14 11 2014

UK construction output 14 11 2014