Featured SliderIQ FeaturesLatestNews

Construction output falls for the third consecutive month

According to the Office for National Statistics (ONS), construction in the UK fell by 1.3% in June, and this was the largest monthly decline since December 2020 when output fell by 2.2%.

The 1.3% (178M) fall recorded in June was due to a decline in repair and maintenance (4.2%) offset by a small increase in new work (0.5%).

Construction output

Construction output in June 2021 was 0.3% (£39 million) below the February 2020 pre-coronavirus (COVID-19) pandemic level; new work was 2.1% (£188 million) below this level, while repair and maintenance was 3.1% (£149 million) above.

Construction output

In contrast to the monthly fall, quarterly construction output grew by 3.3% in Quarter 2 (Apr to June) 2021 compared with Quarter 1 (Jan to Mar) 2021; both new work (3.9%) and repair and maintenance (2.3%) saw increases.

Total construction new orders grew by 17.6% (£1,998 million) in Quarter 2 2021 compared with Quarter 1 2021; total new orders recovered in Quarter 2 2021 to above its pre-pandemic level for the first time at 1.6% (£214 million) above the Quarter 1 2020 level.

The annual rate of construction output price growth was 3.4% in June 2021; this was the strongest annual rate of construction output price growth since August 2019 (3.5%).

Show More

Related Articles

Back to top button
Close