(MENAFN) Survey compiler Markit said that the construction purchasing managers' index (PMI) in the UK decreased marginally last month, Xinhua reported
Markit said that the construction PMI in the country fell to 62.5 in March, down from 62.6 in the month before it
Despite the figure being much below the January figure of 64.6, the PMI is still significantly over the 50 mark which indicates expansion
Senior economist at Markit said: "Expectations for construction growth over the year ahead have now reached their highest since the start of 2007, and a strong pipeline of new work is fueling job creation across the sector.
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.