Mumbai, Sept. 4 -- The UK construction sector contracted for the eighth consecutive month in August due to marked reductions in the housing and civil engineering works, survey data published by S&P Global showed on Thursday.
The construction Purchasing Managers' Index posted 45.5 in August, up from 44.3 in July. However, the score remained well below the 50.0 mark indicating sharp fall in construction output.
The survey showed that a slower reduction in commercial building helped to offset steeper declines in residential and civil engineering activity.
Among three segments, civil engineering was the weakest performer, with business activity decreasing at the fastest pace since October 2020. The fall reflects lack of new projects to repla...