UK PMI construction rose to 59.1, input cost inflation eased

[PocketOption]

UK PMI construction rose to 59.1, input cost inflation eased

UK PMI Construction rose from 56.3 to 59.1 in February, above expectation of 57.4. Markit said growth was led by marked and accelerated rise in housing activity. Input cost inflation dipped to 11-month low. Business confidence eased to softest since January 2021. Usamah Bhatti, Economist at IHS Markit: “UK construction companies achieved a faster expansion […]

The post UK PMI construction rose to 59.1, input cost inflation eased appeared first on Action Forex.

Source: UK PMI construction rose to 59.1, input cost inflation eased