UK Markit/CIPS construction PMI June 2018 53.1 vs 52.5 exp

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.

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Ryan Littlestone

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