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Output was extremely strong in April
Thursday 01 Jun 2017 Author: Lisa-Marie Janes

Friday 2 June

In April, UK construction output experienced its sharpest rise so far in 2017, driven by faster increases in civil engineering and residential building activity.

Investors should look out on 2 June to see if the purchasing managers’ index for the month of May will go over 53.1 recorded in April or whether the previous positive momentum was only temporary.

A figure over 50 represents economic expansion and a figure 50 below means contraction.

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