Britain’s construction industry had its weakest performance in four years in the first three months after June’s vote to leave the European Union, official figures showed on Friday.
Construction volumes fell by 1.1 percent in the third quarter as large falls in repairs were only partly offset by small rises in infrastructure and public building work, the Office for National Statistics said.
However, the fall was less severe than an estimated decline of 1.4 percent which was included in a preliminary reading of overall British gross domestic product for the quarter announced last month.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.