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ONS Reports Small Rise In Quarterly Construction Output

Construction worker digger pexels-nicholas-lim-3792575

The ONS has published construction output data for Great Britain from July to September 2023.

Main points:

  • Monthly construction output is estimated to have increased 0.4% in volume terms in September 2023; this came solely from an increase in repair and maintenance (2.1%), partially offset by a decrease in new work (0.8% fall) on the month.
  • At the sector level, three out of the nine sectors saw a rise in September 2023, with the main contributor to the monthly increase seen in private housing repair and maintenance, which increased 3.0%.

  • Quarterly construction output increased 0.1% in Quarter 3 (July to Sept) 2023 compared with Quarter 2 (Apr to June) 2023, this came solely from growth in September 2023 after two months of falls; the quarterly increase was because of repair and maintenance (0.7%), while new work saw a decrease of 0.3%.

  • Total construction new orders increased 3.9% (£393 million) in Quarter 3 2023 compared with Quarter 2 2023; this quarterly rise came mainly from public other new orders and infrastructure new orders, which increased 23.7% (£265 million) and 14.3% (204 million), respectively.

  • The annual rate of construction output price growth was 3.9% in the 12 months to September 2023; this has slowed from the record annual price growth in May 2022 (10.4%).

Source : ONS

Image : Pexels / nicholas lim (3792575)

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15 November 2023

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