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UK construction output fell further in September | UK construction output fell further in September |
(35 minutes later) | |
UK construction activity fell 13.1% in September from a year ago, as the sector's downturn steepened, Office for National Statistics figures have shown. | UK construction activity fell 13.1% in September from a year ago, as the sector's downturn steepened, Office for National Statistics figures have shown. |
The month saw further big drops in new building by the commercial and public sectors (excluding infrastructure projects), both of which were down by a fifth from a year ago. | The month saw further big drops in new building by the commercial and public sectors (excluding infrastructure projects), both of which were down by a fifth from a year ago. |
House building saw a 5% bounce in the month but remains 12% below a year ago. | House building saw a 5% bounce in the month but remains 12% below a year ago. |
Separately, the UK's trade deficit narrowed in September to £2.7bn. | Separately, the UK's trade deficit narrowed in September to £2.7bn. |
That compared with a £4.3bn deficit in August, and a £3.5bn deficit in September 2011, according to ONS data. | That compared with a £4.3bn deficit in August, and a £3.5bn deficit in September 2011, according to ONS data. |
The UK saw improvement in goods exports, with stronger demand in non-EU countries, particularly the US, and chemicals manufacturers doing well. | The UK saw improvement in goods exports, with stronger demand in non-EU countries, particularly the US, and chemicals manufacturers doing well. |
Goods imports meanwhile saw their biggest monthly drop since December, led by a drop in fuel and manufactured goods imports. | Goods imports meanwhile saw their biggest monthly drop since December, led by a drop in fuel and manufactured goods imports. |
The overall trade deficit in goods narrowed to £8.4bn from £10bn a month earlier, while the UK's trade surplus in services held steady at £5.7bn. |
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