16 April 2026, 10:12  United Kingdom: Construction Output Falls More than Expected.

UK construction output dropped 1.0% year-on-year in February 2026, slowing from a revised 1.9% decline in the previous month but underperforming market estimates for a 0.5% fall. The latest reading marked the fourth straight month of yearly decline, with new work down for the fifth month running (-4.8% vs -6.0% in January) even as repair and maintenance activity accelerated (4.5% vs 4.0%). On a monthly basis, construction output grew 1.0%, accelerating from 0.5% growth in January and marking the second consecutive month of rise, amid increases in new work (1.0%) and repair and maintenance (0.9%). Over the three months to February, total construction output fell 2.0%, with new work dipping 3.4% while repair and maintenance showed no growth.

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