UK Markit/CIPS construction PMI 50.8 vs 48.5 exp - ConsultFX

UK Markit/CIPS construction PMI 50.8 vs 48.5 exp

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