Activity falls at slowest rate in two years

摘要

UK construction activity fell at its slowest rate for almost two years last month, according to the Chartered Institute of Purchasing and Supply.rnThe CIPS/Markit construction purchasing managers' index stood at 48.6 during January, up from 47.1 in the previous month, signalling the smallest fall in activity during the 23-month period of contraction.rnThe survey monitors three areas ofrnconstruction activity: housebuilding, commercial and civils. Housebuilding was the only one of the three to grow in January, albeit by a slower pace than in December. The rates of decline eased in the other two sectors.