AI Data Insight
The UK's Markit/CIPS Construction PMI for Q3 2026 (August) fell to 44.3, lower than the previous reading of 44.7 and the consensus expectation of 45.5. A sharp decline in residential construction was the main drag, reflecting pressure on demand from high interest rates and geopolitical risks. However, slowing cost inflation and infrastructure projects bring a glimmer of hope for future recovery.