British Construction Industry Growth Picks up Despite Supply Pressures

British Construction Industry Growth Picks up Despite Supply Pressures
New homes being constructed in Warrington, England on Oct. 8, 2021. Photo by Christopher Furlong/Getty Images
|Updated:

Growth in the UK’s construction sector picked up pace again last month despite supply disruption impacting firms, according to new figures.

The closely followed IHS Markit/CIPS UK Construction purchasing managers’ index (PMI) hit a reading of 54.6 for October, up from 52.6 in September.