ONS: construction output increases in Q2
In Q2, output in the construction industry was estimated to have increased by 0.2% compared with Q1 and 2.4% compared to Q2 2014, according to the latest ONS figures.
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Upward pressure on the quarter came from all new work which increased by 1.0%, with private new housing, infrastructure and public other new work increasing by 3.9%, 0.5% and 1.2% respectively.
Output was estimated to have increased by 0.9% in June 2015 compared with May 2015. On the year, output in the construction industry increased by 2.6% in June 2015 compared with June 2014.
The preliminary estimate of GDP, published on 28 July 2015 contained a forecast for construction output of 0.0%, but has now been revised up. This upward revision to construction output of 0.2% will have no impact on GDP to 1 decimal place.
Output growth in the construction industry has been revised upwards in April 2015 by 0.5 percentage points to 0.0% and in May 2015 by 0.3 percentage points to -1.0%. These revisions were caused by the incorporation of late data.
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