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United Kingdom: construction PMI in April 53.0 versus 50.2 expected

  • Before 50.2

This is a solid improvement as UK construction activity accelerated in April, driven by commercial works and civil engineering. The former is seen in expansion territory for the first time since August last year. The only negative point remains housing construction, which saw a moderate decline in residential construction work over the month.

This article was written by Justin Low at www.forexlive.com.

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