UK construction output falls by 10.1 per cent on the year in July
Fri 14 Sep 2012
LONDON (SHARECAST) - Output from the UKs construction sector fell by 10.1% year-on-year in July, in non-seasonally adjusted terms, according to the latest data from the Office for National Statistics (ONS).
Versus the previous month it rose by 2.2%.
Between May and July construction output decreased by 10% compared to the same three months in 2011.
The ONS warns that a May public holiday was postponed until June, when another day was added to celebrate the Queen's Diamond Jubilee, reason for which it recommends caution when interpreting movements in output involving May and June 2012