UK Construction PMI 15th Month Down, 45.6

UK construction output contracted in March, marking the 15th consecutive month of decline, per S&P Global data.
The UK Construction PMI rose to 45.6 from 44.5 but stayed below the 50 growth threshold, indicating contraction.
Residential activity index fell to 38.2, while civil engineering and commercial indices were 44.8 and 47.1 respectively, all slowing declines.
Input cost inflation peaked since Nov 2022, half of firms citing Middle East war‑driven fuel and raw‑material price rises.