UK PMI construction index to be unchanged at 52.6 in November – Danske Bank

Research Team at Danske Bank, suggests that today we will get PMI Construction data for November in the UK.

Key Quotes

“The November release will give insight into whether the downturn in the construction sector after Brexit continues to ease, despite the financial pressures on the industry from higher input prices due to the weaker GBP. We think there is currently limited upside potential for the construction sector, and estimate the PMI construction index to be unchanged at 52.6 in November.”