UK’s construction output climbs 2.5% in April
The Office for National Statistics (ONS) released its construction output data for the U.K. on Friday. Construction output in the U.K. climbed 2.5% in April, after a 3.6% drop in March.
The increase was mainly driven by rises in all new work and all repair and maintenance. All new work gained 2.9% in April, while all repair and maintenance rose 1.9%.
On a yearly basis, construction output decreased 3.7% in April, after a 4.5% fall in March.