UK construction output dips in July as housebuilding tumbles

Construction of public housing fell by 15.6%, while the 0.8% growth in private building work was slowest since March 2013, offical data shows

British construction output dipped unexpectedly in July, reversing a bounce in June, after the biggest annual fall in housebuilding in more than two years.

A major driver of the decline was a year-on-year fall in the amount of new housing being built, which dropped by 2.5%, the first decline since March 2013.