Weekly Economic and Construction Update – 01 March 2024
Date Published
1 March 2024
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TDUK
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Summary
Construction output in December 2023 was 0.5% lower than in November and 3.2% lower than a year earlier according to the Office for National Statistics (ONS) but the CPA continues to highlight the persistent overestimation issues in the ONS construction output volume data since Spring 2022. The concerns affect the ONS’s construction output across all construction sectors but the problems are most visible in the housing repair and maintenance sectors.
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