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    09.10.2015 09:16 UK’s construction output drops 4.3% in August, the largest decline since December 2012

    The Office for National Statistics (ONS) released its construction output data for the U.K. on Friday. Construction output in the U.K. dropped 4.3% in August, after a 1.0% drop in July. It was the largest decline since December 2012.

     

     

    The ONS said that the drop may have been driven by bad weather.

     

     

    On a yearly basis, construction output fell 1.4% in August, after a 2.0% increase in July. July's figure was revised up from a 0.7% decrease.

     

     

    Construction makes up 6% of UK's economy.


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