Construction Output Grew by 0.6% in November 2018 Compared with October 2018

Leading to the total value of construction output in Great Britain exceeding £14 billion

Construction Output Grew by 0.6% in November 2018 Compared with October 2018

The ONS has released the latest statistics for UK construction industry output:  the data covers September to November 2018.   The key points are .....

  • The three-month on three-month series for all work was up 2.1% for November 2018;  this was driven by all new work, which increased by 3.4%, but was offset slightly by a decline in all repair and maintenance, which fell by 0.4%.

  • The increase in the all new work three-month on three-month series was driven primarily by private new housing and infrastructure which increased by 4.9% and 6.5% respectively.

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  • Construction output recorded an all-time level high in November 2018 in the chained volume measure seasonally adjusted series; the month-on-month series grew by 0.6%, resulting in the total value of construction output exceeding £14 billion for the first time since monthly records began in 2010.

  • This was driven primarily by strong growth in private new housing, private commercial new work, and public housing repair and maintenance, which increased by 3.1%, 2.3%, and 5.8% respectively.

  • The main factors acting to depress growth were a steep decline in public other new work, down 5.8%, as well as a drop in infrastructure, which decreased by 2.5%.

  • Estimates in this release are consistent with the GDP quarterly national accounts, UK: July to September 2018 publication released on 21 December 2018.

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