UK construction PMI hit 10-month low in February

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 2, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) came-in at the 10-month low of 54.2 in February, down from 55.0 in January.

    Key points

    The latest rise in housing activity was the slowest recorded since June 2013

    Jobs growth moderates to a 2½ year low

    Input cost inflation moderated in February and was close to its lowest seen over the past three years
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