Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
ONS says housing drop led largest monthly fall in construciton output since the onset of the pandemic
Housing output dropped by 4.5% in October as the impact of the supply chain crisis worsened, according to the latest official data.
The drop in housebuilding activity, to £3.26bn compared to £3.42bn in September, took output in the sector to the lowest level seen since the immediate rebound from the pandemic, in August last year.
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