Activity in Britain’s construction sector came within of whisker of stagnation last month, sliding to a four-month low as housebuilders endured a tough start to the year. Activity in Britain’s construction sector came within of whisker of stagnation last month, sliding to a four-month low as housebuilders endured a tough start to the year. Howard Archer, EY Item Club’s chief economic adviser, said: “The muted January construction PMI follows on from a softer manufacturing survey. “Persistent economic, political and Brexit uncertainties are clearly hampering the construction sector, as is limited activity in several sectors of the economy. The construction sector is also being hampered by high input costs.

Source: Irish Independent February 02, 2018 09:56 UTC