UK November construction PMI 55.2 vs 53.4 expected ...Middle East

Prior 54.3The jump last month was driven by the strongest rise in commercial work for two-and-a-half years, as that helped to offset a further decline in home building activity - which saw its sharpest decline since June. Besides that, new order growth also weakened to a five-month low while employment conditions also eased further with job creation seen at a three-month low. S&P Global notes that:"The construction sector bucked the slowdown seen elsewhere across the UK economy in November, according to the latest S&P Global PMI survey. Total industry activity once again expanded at a robust pace and there has been a clear acceleration in growth compared to that seen in the first half of 202

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UK November construction PMI 55.2 vs 53.4 expected ...Middle East

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