House-building slump brings biggest UK construction fall since 2020-PMI
© Reuters. FILE PHOTO: Partly finished houses are seen on a new housing development under construction in Liverpool, Britain June 2, 2023. REUTERS/Phil Noble/File Photo
Economists polled by Reuters had forecast a much more modest decline to 49.9, and the figure contrasts with the less gloomy picture for the larger services sector on Wednesday. The house-building index dropped to 38.1 from 40.7 - its lowest since April 2009, apart from two months in 2020.
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