British construction output falls 10%
British construction output fell 10.1 per cent on the year in July, non-seasonably adjusted data from the Office for National Statistics showed today.
Compared to June, construction rose 2.2 per cent.
Between May and July construction output decreased by 10 per cent compared to the same three months in 2011, with the main drag coming from a 14.2 per cent slide in new work.
The ONS warned that caution should be taken when interpreting movements in output involving May and June 2012 because a May public holiday was postponed until June, when another day was added to celebrate Queen Elizabeth's Diamond Jubilee.