British construction sector declines in May

Source: Reuters
© Scanpix/Reuters
Output in the construction industry of the United Kingdom decreased in May of this year, confirming economists' concerns about a possible general drop in construction activity in the country in the April-June quarter. Indicator for output slipped 1.1% in May on a monthly basis after a 1.2% rise in April. Therefore, year-on-year advance of the sector also slowed to 3.5%.
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