Construction output growth at its weakest since 2012

construction site

Output grew by just 0.7% year-on-year in 2018

Construction output has experienced its weakest year-on-year growth since 2012, according to new Office for National Statistics data.

According to the latest ONS construction output update, there was just a 0.7% increase in output 2018 compared with 2017, which is the lowest year-on-year growth since 2012, when output fell by 6.9%.

Output also fell by 0.3% in the last quarter of 2018, following an increase of 2.1% in quarter three, driven by a fall in repair and maintenance output, which was down by 2.8%.

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