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Preview: UK Construction PMI Seen to........>

UK DATA: Preview: UK Construction PMI Seen to Pick-Up Slightly in Jul: 09:30 BST
- UK CIPS/IHS Markit Construction PMI (July): Bbg Consensus 46.0; MNI Consensus
46.1; Prev 43.1
- UK CIPS/IHS Markit Construction PMI stood at 43.1 in June, down 5.5 pts from
48.6 in May.
- It was the steepest reduction in overall construction output since April 2009.
- Weakness across the board, with house building, commercial work and civil
engineering activity, all falling sharply in June.
- Downturn in the construction sector expected to remain with delays to new
projects amid continued risk aversion.

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