UK: Markit/CIPS Construction PMI

Macro

2026-05-07

Description

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Published by
Markit (Choice)
Frequency
Monthly
Next Update

AI Data Insight

The UK Construction PMI for April 2026 fell sharply to 39.7 from the previous reading of 45.6, falling significantly short of market expectations of 45.7 and remaining deeply in contraction territory for the 16th consecutive month. Among the sub-indices, civil engineering and residential building experienced the most severe declines, primarily due to soaring fuel and raw material costs triggered by the Middle East conflict. Looking ahead, caught between geopolitical uncertainty and high borrowing costs, industry confidence has dropped to a near six-month low.

AI Data Insight

The UK Construction PMI for April 2026 fell sharply to 39.7 from the previous reading of 45.6, falling significantly short of market expectations of 45.7 and remaining deeply in contraction territory for the 16th consecutive month. Among the sub-indices, civil engineering and residential building experienced the most severe declines, primarily due to soaring fuel and raw material costs triggered by the Middle East conflict. Looking ahead, caught between geopolitical uncertainty and high borrowing costs, industry confidence has dropped to a near six-month low.

Description

-

Published by
Markit (Choice)
Frequency
Monthly
Next Update