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Construction output in Great Britain: August 2023
Monthly construction output is estimated to have decreased 0.5% in volume terms in August 2023; this follows an upwardly revised decrease of 0.4% in July 2023, with the monthly value in level terms in August 2023 at £15,584 million. The decrease in monthly output came solely from a decrease in new work (1.5% fall), partially offset by an increase in repair and maintenance (1.0%) on the month. At the sector level, five out of the nine sectors saw a fall in August 2023, with the main contributors to the monthly decrease seen in private commercial and private new housing, which decreased 4.1% and 1.4%, ... (full story)