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UK construction output rose to 7-month high in September

FXStreet (Mumbai) - The headline seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) jumped to 59.9 in September from August’s 57.3.

Key Points

Volumes of new work rose at a robust pace in September. However, the latest increase was the slowest for five months.

Employment growth was sustained across the construction sector for the twenty-eighth month running in September.

The rate of input price inflation eased to a five-month low.

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