Construction output fell in June but the downturn may be more due to the seasonal drop off rather than the impact of the Brexit vote.
The Office of National Statistics reported that construction output dropped by 0.9% in June compared with May.
June’s figures were down 2.2% in comparison to 2015’s figures and marked the six consecutive month of falling output.
In the second quarter of 2016, output was down 0.6% on the first quarter’s figures. A lack of new work was he main driver on the decrease, which fell by 0.8%. The repair and maintenance sector also saw a fall of 0.5%.
When comparing Q2 2016 to the same period last year, construction output fell by 1.4%.
Total new housing and infrastructure decreased by 1.1% and 3.7% respectively compared with the first quarter of 2016.
When compared with Q2 in 2015, there was a fall of 0.1% infrastructure. This was the biggest decrease since the second quarter of 2012.
Housebuilding fell by 0.6% in June compared to May but was actually up 7.6% on the same period last year.
The Office of National Statistics release said that ‘here is very little anecdotal evidence at present to suggest that the referendum has had an impact on output’ but much of this release covered the run up to the European referendum on June 23rd.
It also revised down the construction sector’s output figures for the second quarter but didn’t expect this would have much impact on UK GDP growth.
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