UK construction sector shows signs of recovery as slump eases in January
British builders saw a slower pace of decline in January as lower borrowing costs improved market conditions. Firms remain wary of rising material expenses.
Insights:
The S&P Global /CIPS UK 
GB construction PMI rose to 46.4 in January from December's 40.1, indicating that while the sector in the United Kingdom GB remains in contraction, the pace of decline has eased significantly. This latest reading, announced by S&P Global Market Intelligence, a division of S&P Global Inc. , represents the highest level for the index since May 2025 and exceeded the median forecast in a Reuters poll of economists.
GB construction PMI rose to 46.4 in January from December's 40.1, indicating that while the sector in the United Kingdom GB remains in contraction, the pace of decline has eased significantly. This latest reading, announced by S&P Global Market Intelligence, a division of S&P Global Inc. , represents the highest level for the index since May 2025 and exceeded the median forecast in a Reuters poll of economists.
