- 61.4 prev
- slowest pace of expansion in 13 months
- slowdown most noticeable in civil engineering sector which relies heavily on govt-backed infrastructure projects
Ok, so that takes any leak ideas out of the equation to explain the GBP demand down here so far but we’ll see now what stamina it has to stay here
GBPUSD currently 1.5702 from 1.5715 EURGBP 0.7922 from 0.7915
Markit says
A less favourable overall economic news flow was cited as the key factor dampening otherwise buoyant demand patterns across the UK construction sector
However some construction companies noted that uncertainties ahead of next year’s general election has weighed on business confidence and influenced clients’ willingness to commit to new projects
UK construction PMI mm
