Construction output in the UK increased by 0.2% year-on-year in November 2024, beating market consensus of a 0.1% gain while shifting from a downwardly revised 0.5% decline in the previous month. This marked the first rise since August, with new work expanding after falling in the prior 15 months (0.9% vs -1.9% in October). However, repair and maintenance activity shrank for the first time since August 2020 (-0.7% vs 1.4%). Monthly, construction output rose by 0.4%, an upswing from an upwardly revised 0.3% decrease in October, supported by rises in both new work (0.3%) and repair and maintenance (0.5%). Sector-wise, five out of nine sectors grew, with private commercial new work (3.1%) and non-housing repair and maintenance (1.1%) contributing the most to the rise. source: Office for National Statistics

Construction output in the United Kingdom increased 0.20 percent in November of 2024 over the same month in the previous year. Construction Output in the United Kingdom averaged 0.84 percent from 1997 until 2024, reaching an all time high of 72.40 percent in April of 2021 and a record low of -42.90 percent in April of 2020. This page provides the latest reported value for - United Kingdom Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

Construction output in the United Kingdom increased 0.20 percent in November of 2024 over the same month in the previous year. Construction Output in the United Kingdom is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Construction Output is projected to trend around 2.50 percent in 2026 and 2.20 percent in 2027, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-12-13 07:00 AM
Construction Output YoY
Oct -0.7% -0.4% 0% -0.2%
2025-01-16 07:00 AM
Construction Output YoY
Nov 0.2% -0.5% 0.1% 0.3%
2025-02-13 07:00 AM
Construction Output YoY
Dec 0.2% 1.0%


Related Last Previous Unit Reference
Average House Prices 298083.00 294353.00 GBP Nov 2024
Construction Orders YoY -9.40 28.30 percent Sep 2024
Construction Output YoY 0.20 -0.50 percent Nov 2024
Mortgage Lending 2470.00 3470.00 GBP Million Nov 2024
Home Ownership Rate 64.90 65.10 percent Dec 2020
Halifax House Price Index MoM -0.20 1.20 percent Dec 2024
Halifax House Price Index YoY 3.30 4.70 percent Dec 2024
Housing Index 512.40 513.60 points Dec 2024
Housing Starts 22990.00 22580.00 units Jun 2024
Mortgage Approvals 65.72 68.30 Thousand Nov 2024
BBA Mortgage Rate 7.50 7.59 percent Dec 2024
Nationwide Housing Prices 534.90 530.12 points Nov 2024
Nationwide Housing Prices MoM 0.70 1.20 percent Dec 2024
Nationwide Housing Prices YoY 4.70 3.70 percent Dec 2024
Price to Rent Ratio 114.56 116.56 Sep 2024
Private Rental Prices 9.00 9.10 percent Dec 2024
Residential Property Prices 2.55 1.71 Percent Sep 2024
RICS House Price Balance 28.00 25.00 percent Dec 2024

United Kingdom Construction Output
In the United Kingdom, construction output measures the yearly change in the amount charged by construction companies to customers for value of work. The value is based on the sample of 8,000 businesses, employing over 100 people or with an annual turnover of more than £60 million. Construction estimates are a component of GDP from the production approach, contributing approximately 6.4% of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
0.20 -0.50 72.40 -42.90 1997 - 2024 percent Monthly
SA


News Stream
UK Construction Output Rises More than Expected
Construction output in the UK increased by 0.2% year-on-year in November 2024, beating market consensus of a 0.1% gain while shifting from a downwardly revised 0.5% decline in the previous month. This marked the first rise since August, with new work expanding after falling in the prior 15 months (0.9% vs -1.9% in October). However, repair and maintenance activity shrank for the first time since August 2020 (-0.7% vs 1.4%). Monthly, construction output rose by 0.4%, an upswing from an upwardly revised 0.3% decrease in October, supported by rises in both new work (0.3%) and repair and maintenance (0.5%). Sector-wise, five out of nine sectors grew, with private commercial new work (3.1%) and non-housing repair and maintenance (1.1%) contributing the most to the rise.
2025-01-16
UK Construction Output Unexpectedly Drops
Construction output in the UK shrank by 0.7% year-on-year in October 2024, missing market expectations of a flat reading and following a 0.4% decline in the previous month. This marked the second consecutive month of decrease and the seventh time this year, driven by the 15th straight month of decline in new work (-1.2% vs -2.7% in September). Additionally, repair and maintenance activity fell for the first time in over four years (-0.2% vs 2.8%). Monthly, construction output declined by 0.4%, the first drop in three months, after a 0.1% increase in September, mainly due to a decline in repair and maintenance activity (-1.3% vs 0.4%) despite a rise in new work (0.2% vs -0.2%). Sector-wise, four out of nine sectors saw declines, with private housing repair and maintenance being the main contributor to the decrease.
2024-12-13
UK Construction Output Falls Less than Expected
Construction output in the UK contracted by 0.4% year-on-year in September 2024, compared with market estimates of a 0.5% decline and after an upwardly revised 0.5% growth in the previous month. It was the sixth time of decrease so far this year, dragged by a further drop in new work (-2.7% vs -2.9% in August). At the same time, there was a sharp slowdown in repair and maintenance activity (2.8% vs 5.4%). Monthly, construction output edged up 0.1%, much slower than a 0.6% increase in August as new work declined (-0.2% vs 1.7%) while repair and maintenance activity grew for the first time in four months (0.4% vs -0.8%). Sector-wise, four out of nine logged expansion, with private housing repair and maintenance being the main contributor to the rise.
2024-11-15