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UK Construction sector maintains momentum
The construction sector continued to grow strongly in March after its snow-related dip at the end of 2010, despite raw material costs rising again.Figures from Markit and the Chartered Institute of Purchasing and Supply on Monday showed that the sector has maintained its healthy start to 2011. The CIPS/Markit index for the month stood at 56.4, only a fraction down on February's 56.5 - which was an eight-month high. A reading above 50 signifies expansion rather than contraction, and March's reading was stronger than City economists had predicted.