The downturn in Britain's construction industry deepened in December, drive...
LONDON - The downturn in Britain’s construction industry deepened in December, driven by the sharpest drop in civil engineering activity since 2009, a survey showed on Friday, underscoring the economy’s frailties at the end of last year.
The IHS Markit/CIPS UK Construction Purchasing Managers’ Index fell to 44.4 from 45.3 in November, below all forecasts in a Reuters poll that had pointed to an improved reading of 45.9. Investors are watching for signs that Johnson’s victory has lifted worries about political stability in Britain.IHS Markit, a data company, published a survey on Thursday showing output in Britain’s manufacturing sector fell at the fastest rate in seven years in December.
“Brexit uncertainty and spending delays ahead of the general election were once again the most commonly cited factors highlighted by firms experiencing a drop in construction activity,” Tim Moore, economics associate director at IHS Markit, said.The survey’s gauge of business expectations hit a nine-month high in December.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Canadian factory activity expands at slowest pace in four monthsCanadian manufacturing activity expanded in December at its slowest pace in four...
Consulte Mais informação »
Irish factory activity shrinks slightly in December: PMIIrish factory activity contracted slightly in December due to tumbling orders fr...
Consulte Mais informação »
UK manufacturing output slides at fastest rate since 2012: PMIBritish factory output fell in December at the fastest rate since 2012 as a tepi...
Consulte Mais informação »
India electricity supply down 1.1% in December, declines for fifth straight monthIndia's electricity supply fell for the fifth straight month in December, p...
Consulte Mais informação »
South Korea December factory activity returns to growth as export orders expand most in 18 months: PMISouth Korea's factory activity returned to growth in December, snapping sev...
Consulte Mais informação »
Singapore posts decade-low growth as trade war bruises outputSingapore's economy expanded at its slowest pace in a decade last year as i...
Consulte Mais informação »