Mumbai, May 7 -- The UK construction activity continued to contract in April as business uncertainty and concerns about economic outlook damped client demand, survey data from S&P Global showed on Wednesday. The construction Purchasing Managers' Index moved up to 46.6 in April from 46.4 in March. Output declined at the slowest pace in three months though a reading below 50 indicated contraction.Residential work showed a degree of resilience in April, with the rate of contraction easing to the least in 2025.
Published by HT Digital Content Services with permission from Capital Market....