- Prior 1.8%. Revised to 2.2%
- +0.7% vs +1.3% exp y/y. Prior 3.5%. Revised to 6.7%
- 3m/3m -0.3%
- Q3 construction revised to 1.6% from 0.8%
Bit of a hotchpotch of numbers. Big fall on the month and year but a massive upward revision on the yearly and Q3. ONS says that the Q3 revision will add 0.1 percentage points to GDP.
GBP/USD unchanged as it sees six of one and half a dozen of the other in the numbers
The ONS has also released the Q3 construction new orders which shows a slide in public housing construction offset by a jump in private. Ordinarily that could be seen as a tightening in government spending but most private home builders are now required to set aside a percentage of new builds for the government affordable housing scheme.
UK Q3 construction orders 12 12 2014
UK construction output 12 12 2014