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UK construction PMI unchanged in March

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) printed at 54.2, beating the estimate of 54.00.

    Key points

    The latest reading was unchanged since February and indicated the joint-slowest rate of output growth since June 2013

    Slower growth of incoming new work continued to act as a brake on construction output in March

    The rate of employment growth eased to its slowest since June 2013
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