U.K. housing construction supported by strong demand

U.K. housing construction data is scheduled to release today. 

The construction PMI paints a clear picture of the housing sector leading the pack, followed by commercial construction with civil engineering a distant third, although still growing. 

These trends only change slowly over time. The problem in housing construction is one of supply bottlenecks which are likely to continue restricting any increase in growth, says Societe Generale. Overall, the construction PMI should rise from 57.3 to 57.8.