Construction output growth drops to six-month low

Construction buyers reported a loss of momentum at the end of 2024 as total business activity in December expanded at the slowest pace since last June.
The bellwether S&P Global UK Construction Purchasing Managers’ Index (PMI) registered 53.3 in December, down from 55.2 in November and the lowest for six months.
But the index has posted above the crucial 50.0 no-change value since March 2024 and the latest reading still signalled a solid upturn in overall construction output.Commercial