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Construction output falls 1.4% halting 7-month growth spurt

Monthly construction output dropped 1.4% in June bringing to a shuddering halt a seven-month run of steady growth.

The decrease in the volume of monthly construction output in June came from falls in both new work (2.0%) and repair and maintenance (0.2%).

At the sector level, the main drags were private new housing and private commercial new work, which fell 6.1% and 4.5%, respectively.

Mid-term prospects for construction are also a concern after fresh order figures released for the second quarter by the Office for National Statistics also fell sharply by 10% or £1.2bn from April to June.

However, further Office for National Statistics data released this month showed that prices for new construction work increased 11% in the 12 month to June, the strongest rate of annual price growth in June 2022 since records began.

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