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UK construction PMI rises to 53.4 in November, a positive surprise

The construction sector activity in the UK economy grew at a faster pace than expected in November, a fresh report from Markit Economics showed on Tuesday.

The final Purchasing Managers’ Index (PMI) came in at 53.4 in November, up from 53.2 seen in October while surprising markets to the upside (52.5 expected).

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