Britain’s construction sector expanded in December but the pace slowed to its lowest since September 2021, a report said Friday.
For the month, the headline seasonally adjusted IHS Markit/CIPS UK Construction PMI Total Activity Index decreased from 55.5 in November to 54.3, though above the crucial 50.0 no-change threshold, according to the joint report by IHS Markit, a London-based global information provider, and the Chartered Institute of Procurement & Supply (CIPS), a Britain-based global procurement and supply organization.
Some survey respondents noted that tighter COVID-19 pandemic restrictions and rising COVID-19 cases had acted as a brake on recovery, especially in the commercial sector.—Xinhua
