Construction sector contracts for 22nd successive month

摘要

December data pointed to a further contraction in UK construction activity, extending the current downturn into its 22nd successive month. Subdued demand was the main factor underlying reduced activity. The seasonally adjusted CIPS/Markit Construction Purchasing Managers' Index posted 47.1 in December, which signalled a further decline. Both the commercial and civil engineering subsec-tors reported further declines in activity during December.