United Kingdom’s Construction PMI

Friday, 2 September 2011 12:39

United Kingdom's construction growth weakened yet again in the reports for the month of August.

Construction PMI was released at 52.6 in August, a little lower than economists' predictions of the index being announced at 52.9.  Construcion Purchasing Managers Index was expected to fall either way from July's 53.5.

The 52.6 index release is the lowest yet of the current eight-month sequence of eight-month sequence of expansion as Markit reported.