Details of the July 2015 UK construction output data report 11 September 2015
- Prior 0.9%
- -0.7% vs 0.9% exp y/y. Prior 2.6%
- Q2 orders -0.4% q/q. +1.9% y/y
New house construction (-2.5%) did the damage posting the first drop since March 2013. Public housing fell 15.6% while private grew 0.8%, itself the slowest since March 2013
Slowing of home building will lead to higher prices being paid so expect to see that filtering through if the picture remains the same
