Home UK: Construction PMI likely to fall to 47.9 in June – TDS

UK: Construction PMI likely to fall to 47.9 in June – TDS

Published date: 2 Jul. 2019 | 09:08

Analysts at TD Securities are looking for the UK’s construction PMI to fall from 48.6 to 47.9 in June, against consensus for a small improvement to 49.2.

Key Quotes

“The big driver behind our view is the poor sentiment seen in the manufacturing PMI, but the colder than normal weather through the first 3 weeks of the month also may weigh on activity.”

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