Construction output rises for fourth successive month

By Carl Brown2022-12-12T11:54:00

Source: Shutterstock

Workloads jump despite wider economy shrinking

Construction output rose in October for the fourth successive month despite negative quarterly growth in the economy overall.

Data from the Office of National Statistics today shows monthly construction output rose 0.8% in October. In monetary terms the value of construction work in the month was £15.25bn, the highest since records began in 2010, in part due to inflation.

The increase in output was driven by private new housing, which posted a 2.9% increase, while non-housing repairs and maintenance increased 1.7%.

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