June 2018 UK Markit/CIPS construction PMI 3 July 2018
- Prior 52.5
- House building remains best performing area of activity
- New orders rise at fastest pace since May 2017
- Input cost inflation accelerates in June
Tim Moore at Markit says on prices;
Construction was the first area to recover back in 2013 and it was the first to flag problems into 2018. It’s staging a bit of a bounce which will be welcome for the economy.