By Maximilian Clarke
UK construction output eased back half a percent in the fourth quarter 2011, having posted year-on-year quarterly growth of 0.9%.
Construction activity in the UK has remained in growth for much of 2011, as weak infrastructure and housing sectors were buoyed by strong commercial demand from London and the South East.
The overall estimate for construction output this quarter (constant prices, seasonally adjusted) is 0.5% lower than for the previous quarter, driven by volume reductions in five out of the nine sectors. Of the sectors that have grown, there was a rise of 4.0% in infrastructure output, which in Q4 2011 reached a new high.
Join us on