UK S&P Global Construction PMI (Feb) 44.5 vs. Exp. 47 (Prev. 46.4)

Newsquawk Staff · 5 Mar 2026, 09:50 UTC

What it means

The UK S&P Global Construction PMI for February printed at 44.5, missing expectations of 47 and lower than the prior month's 46.4. This sharp decline indicates a contraction in the construction sector and suggests weakening economic activity, which could have implications for UK monetary policy as it raises concerns about growth, potentially influencing the outlook for interest rates.

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