India, Feb. 5 -- The downturn in the UK construction sector slowed at the start of the year, survey data from S&P Global revealed Thursday.
The construction Purchasing Managers' Index registered 46.4 in January, up from December's five-and-a-half year low of 40.1. The score was well above economists' forecast of 42.2.
The latest reading was the highest since June 2025. However, the score remained below the 50.0 no-change value for the thirteenth month in a row.
"January data provided encouraging signs that the UK construction sector has exited its tailspin, and firms are becoming more hopeful that new projects will get back on track in 2026," S&P Global Market Intelligence Economics Director Tim Moore said.
Due to the lack of new projec...