Financial News: UK Construction Sector Shrinks Further

UK Construction Sector Shrinks Further

11/06/2025 - 08:52:00 (RTTNews)

(RTTNews) - The UK construction sector contracted for the tenth consecutive month in October, marking the longest sequence of contraction since the global financial crisis, survey results from S&P Global showed on Thursday.

The construction Purchasing Managers' Index dropped to 44.1 in October from 46.2 in the previous month. The reading signaled the steepest fall since May 2020.

Moreover, the score remained below the 50.0 no-change mark for the tenth month in a row. This was the longest period of continuous decline since the global financial crisis more than 15 years ago.

Civil engineering remained the weakest-performing segment in October with activity falling at the fastest pace since May 2020. Residential work also decreased significantly, and the latest fall was the biggest for eight months.

On the other hand, commercial building activity showed some resilience as the latest index reading was little-changed since September.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Rebounds Much More Than Expected In December (33 min(s), 05 sec(s) ago)
(RTTNews) - Preliminary data released by the University of Michigan on Friday showed consumer sent ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In September (21 min(s), 05 sec(s) ago)
(RTTNews) - A long-delayed report released by the Commerce Department on Friday showed consumer pr ...Full Story»

Spain Industrial Output Growth Eases To 1.2% (20 min(s), 05 sec(s) ago)
(RTTNews) - Spain's industrial production grew at the slowest pace in six months in October, t ...Full Story»

Slovenian Trade Deficit Narrows Sharply In October (20 min(s), 05 sec(s) ago)
(RTTNews) - Slovenia's foreign trade deficit decreased significantly in October from a year ag ...Full Story»

India Cuts Key Rates By 25 Bps (19 min(s), 05 sec(s) ago)
(RTTNews) - Added content The Reserve Bank of India lowered its key interest rates on Friday ...Full Story»

French Trade Gap Narrows In October (49 min(s), 05 sec(s) ago)
(RTTNews) - France's foreign trade deficit decreased in October as imports fell faster than ex ...Full Story»

French Industrial Output Growth Moderates (23 min(s), 05 sec(s) ago)
(RTTNews) - France industrial production grew at a slower pace in October as weak machinery and eq ...Full Story»

Slovakia Q3 GDP Growth Confirmed At 0.9% (19 min(s), 05 sec(s) ago)
(RTTNews) - Slovakia's economic growth accelerated as initially estimated in the third quarter ...Full Story»