The sector is in desperate need of a rebalance

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

“Global supply chain delays, lorry driver shortages and the demand on fuel are causing havoc here for the UK’s construction sector, which is having to navigate these challenges alongside managing pent up pressure for builds.

“While some companies have been agile enough to handle these issues by stockpiling or widening their sourcing net, others have understandably struggled, which has led to projects being cancelled or delayed. That’s why another month of slow growth is to be expected given the circumstances.

“The sector is in desperate need of a rebalance. But for now, the industry is impressively responding to these complicated conditions.”

ENDS

Notes to Editors

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