UK Markit/CIPS construction PMI data now out 2 Nov
- 48.1 prev
- Marginal upturn in construction output, led by
housing activity
- Civil engineering and commercial building
decline again in October
Much better headline from this sector but not a great contributor to GDP and the subtext is less impressive moving fwd. Algos don't care about that though.
Copyright 2015 Forexlive.com