UK S&P Global Construction PMI (Dec) 40.1 vs. Exp. 42.5 (Prev. 39.4)
Newsquawk Staff · Newswires ·
UK S&P Global Construction PMI (Dec) 40.1 vs. Exp. 42.5 (Prev. 39.4)
What it means
The UK S&P Global Construction PMI for December printed at 40.1, missing expectations of 42.5 and marking a slight improvement from the previous reading of 39.4. This significant miss suggests ongoing weakness in the construction sector, which may prompt concerns about broader economic activity and influence monetary policy considerations moving forward.
Sources
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