(MENAFN) Construction output in Britain grew last year on the back of a robust residential house market, Xinhua reported
The Office for National Statistics (ONS) said that construction output during the year surged 1.3 percent, after registering a plunge of 7.9 percent in 2012
The expansion, however, is still slower than a growth of 2.3 percent and 8.3 percent logged in 2011 and 2010, respectively
The construction sector generated an annual output volume of USD185 billion in the year, up 3.9 percent from the economic downturn volume in 2009
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.