The Chartered Institute of Purchasing and Supply(CIPS)/Markit construction PMI index revealed activity slowed in October. The index fell from 53.8 in September to 51.6 last month – confounding expectations of a more modest fall to 53. However, the index remains above the crucial 50 level, which indicates expansion. The figures suggest, though, that construction will [...]
More: UK construction activity falls more than expected in October