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Construction activity increases at fastest pace since 2022, PMI reports

Construction activity increases at fastest pace since 2022, PMI reports

Growth accelerated in the UK construction sector as the second half of the year got underway, with July 2024 seeing much faster increases in both activity and new orders during the month.

All three categories of construction saw activity increase in July as work on housing projects returned to growth. Commercial activity increased solidly, but the fastest expansion was seen in civil engineering activity, where the rate of growth quickened to the sharpest in almost two-and-a-half years.

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