Article 5TRYF UK construction growth slows despite improved supply chain

UK construction growth slows despite improved supply chain

by
Richard Partington Economics correspondent
from on (#5TRYF)

Survey finds Omicron meant a weak end to 2021 despite building costs easing to buck the inflation trend

Growth in the UK construction industry slowed in December as the impact of Omicron offset gains for building firms from fading supply chain disruption.

Figures from IHS Markit and the Chartered Institute of Procurement and Supply (Cips) showed building companies ending 2021 on a weaker footing, with coronavirus infections and fresh pandemic restrictions hitting demand.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments