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Strong demand supports UK housing construction

Monday, September 28, 2015 4:55 AM UTC

The problem in UK housing construction is one of supply bottlenecks which are likely to continue restricting any increase in growth.

UK's 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. Overall, the construction PMI should rise from 57.3 to 57.8", says Societe Generale.

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Strong demand supports UK housing construction

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