Monthly construction output is estimated to be flat

Latest News Mon, Feb 13, 2023 7:51 AM

Monthly construction output is estimated to be flat (0.0% growth) in volume terms in December 2022; this came from an increase in new work (0.5%), offset by a decrease in repair and maintenance (0.7% fall) on the month.

This follows a fall of 0.5% (revised down from being flat) in the ONS figures for November 2022.

At the sector level, the main positive contributors were seen in non-housing repair and maintenance, and infrastructure new work, which increased 5.4% and 3.7%, respectively; the main negative contributors were seen in private housing repair and maintenance, and private new housing, falling 8.5% and 2.3%, respectively.

Quarterly construction output increased 0.3% in Quarter 4 (Oct to Dec) 2022 compared with Quarter 3 (July to Sept) 2022; the increase came from growth in both new work (0.4%) and repair and maintenance (0.1%).

Annual construction output increased by 5.6% in 2022 compared with 2021, which follows a record increase in 2021 of 12.8%.

Total construction new orders decreased 1.8% (£242 million) in Quarter 4 2022 compared with Quarter 3 2022; this quarterly fall came mainly from private commercial new orders and infrastructure, which fell 9.6% (£380 million) and 11.8% (£305 million), respectively.

The annual rate of construction output price growth was 9.7% in the 12 months to December 2022; this has slowed slightly from the record annual price growth in May 2022 (10.5%).

Featured News

Specification news
UK-listed construction companies issue most profit...

UK-listed companies in the FTSE Construction and Materials sector issued eight profit...

Read More >>

Specification news
Landscape Institute Awards 2025 finalists announced

The Landscape Institute (LI) is delighted to announce the finalists of the LI Awards...

Read More >>

BUILDING PRODUCT LIBRARY - LATEST BROCHURES

Rearo Tradeline Brochure

Rearo Tradeline
By Rearo

Download Now >>

Rearo Sustainability Plan Brochure

Rearo Sustainability...
By Rearo

Download Now >>

Rearo Stericlad Brochure

Rearo Stericlad
By Rearo

Download Now >>

A&S Landscape - Bumper Newsletter Brochure

A&S Landscape - Bump...
By A&S Landscape

Download Now >>

A&S Landscape - Contractors Brochure

A&S Landscape - Cont...
By A&S Landscape

Download Now >>

BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS

NURTURE EARLY YEARS CUBICLES
NURTURE EARLY YEARS CUBICLES

The Nurture Range provides child-friendly, durable 12mm SGL washroom solutions for nurseries and...

Read More >>

Triumph Custom-fit Cubicles For The Most Sophisticated Spaces
Triumph Custom-fit Cubicles For The Most Sophisticated Spaces

Triumph Privacy offers enhanced privacy while maintaining the sleek aesthetic of the Triumph range....

Read More >>

ELEVATE CUSTOM-FIT CUBICLES WITH A PRIVACY OPTION
ELEVATE CUSTOM-FIT CUBICLES WITH A PRIVACY OPTION

Elevate cubicles offer enhanced height and privacy for superior comfort and security. Durable nickel...

Read More >>

CONSTRUCTION VIDEOS - LATEST VIDEOS

Mira Vista Heatloop
Mira Vista Heatloop

Mira Showers is delighted to introduce the new Mira Vista HeatloopTM – an innovative and stylish...

Watch Now >>

Why our Canopies Last Longer
Why our Canopies Last Longer

https://www.aandslandscape.co.uk/ Find out why A&S Landscape Canopies last longer than alternatives....

Watch Now >>

Enclosed Dining Canopy - Hampton Gardens School
Enclosed Dining Canopy - Hampton Gardens School

A&S Landscape designed and installed a large enclosed, curved roof canopy for Hampton Gardens School...

Watch Now >>