This is the second release of construction output covering data post-EU referendum. Following a revised increase in July 2016 of 0.5%, construction output decreased in August 2016 by 1.5%. You should note that we always warn against overly interpreting one month’s figures.
All new work, and repair and maintenance reported decreases, falling by 1.4% and 1.5% respectively, with the largest downwards contribution in all new work coming from infrastructure.
The underlying pattern as suggested by the 3 month on 3 month movement in output in the construction industry decreased by 1.3%.
The longer-term picture as suggested by the year-on-year movement shows output in the construction industry increased by 0.2% compared with August 2015 with all new work increasing by 1.1%, however, repair and maintenance decreased by 1.3%.
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