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- He also pointed out that the November data on the construction sector from Britain’s purchasing managers was also softer.
- DISMAL official data yesterday revealed weaker than expected growth in the construction sector that followed on a sharp slide in output in the third quarter of the year.
- Output in the sector – accounting for about 7 per cent of British GDP – edged up just 0.2 per cent in October, significantly undershooting City forecasts.
- The ONS said infrastructure had risen to almost £4 billion (28 per cent) of total construction industry output over the year to September 2015.
- The Office for National Statistics also said that Q3 construction output was now estimated to have slumped by 1.9 per cent, heavily influenced by a 5.6 per cent fall in housebuilding.