Overall construction sector growth has slowed for the first time this year

Commenting on today’s IHS Markit / CIPS UK Construction PMI, Jan Crosby, head of infrastructure, building and construction at KPMG UK, said:

“The UK construction sector continues to chomp at the bit for new projects, but overall growth has slowed for the first time this year as builds are still being affected by the ongoing global supply chain problems, which in turn are causing significant delays in deliveries and price rises for materials.

“In addition, lorry driver shortages mean stock that does arrive here in the UK is often delayed further due to logistical setbacks, and on site construction slows down when workers need to self-isolate.

“Combined, this is creating a catch-22, which could impact how well the sector recovers and grows over the coming months.”

-ends-

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