Construction industry | The Guardian
UK construction industry in surprise slowdown in May
Construction output dropped 1.1% from April as private housebuilding stagnated
Britain's construction sector has suffered its sharpest slowdown for more than a year after housebuilding activity stalled in May, in the latest sign the property market may be coming off the boil.
Construction output dropped 0.8% over the three months to May from the previous three months, the biggest fall since October 2012, according to the Office for National Statistics. The more volatile monthly figures showed that in May alone, construction output dropped 1.1% from April as private housebuilding stagnated but public housebuilding grew.
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