Struggling Construction Sector Activity Performs Below Expectations

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Guido Fawkes

Struggling Construction Sector Activity Performs Below Expectations

The heavy-hit construction sector has posted a weaker-than-expected recovery in the latest closely-watched activity statistics. The UK construction PMI came in at 38.4 in June, up marginally from May’s six-year low of 38.2 but still deep in contraction territory and below the 40.0 expected. Far below the neutral 50.0 mark… Output has now fallen every…