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
Radical social housing wins RIBA International Prize...

The Royal Institute of British Architects (RIBA) has named Modulus Matrix: 85 Social...

Read More >>

Specification news
Look beyond retail to reverse high street decline, says...

The Built Environment Committee has published its report, ‘High Streets: Life...

Read More >>

BUILDING PRODUCT LIBRARY - LATEST BROCHURES

Gerflor Taraflex® Sports Flooring | 2024 | EN Brochure

Gerflor Taraflex® Sp...
By Gerflor

Download Now >>

Gerflor Social Housing Floors | 2024 | EN Brochure

Gerflor Social Housi...
By Gerflor

Download Now >>

Gerflor Retail Flooring | 2024 | EN Brochure

Gerflor Retail Floor...
By Gerflor

Download Now >>

Gerflor Industry Flooring | 2024 | EN Brochure

Gerflor Industry Flo...
By Gerflor

Download Now >>

Gerflor Hospitality Flooring | 2024 | EN Brochure

Gerflor Hospitality...
By Gerflor

Download Now >>

BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS

Straightcurve®
Straightcurve®

Straightcurve® – headquartered in Australia, is renowned for high-end innovative garden edging,...

Read More >>

RLG600 Access Flooring System
RLG600 Access Flooring System

The Kingspan RLG600 raised access floor panel is intended for light office use and is capable of...

Read More >>

RHG600 Simploc
RHG600 Simploc

Kingspan RHG600 Simploc is the heavy grade floor system, capable of handling up to a 12kN/m2...

Read More >>

CONSTRUCTION VIDEOS - LATEST VIDEOS

Discover the first-ever reference book for stone wool insulated sandwich panels
Discover the first-ever reference book for stone wool insulated sandwich panels

“Building with stone wool insulated sandwich panels” written by Professor Imperadori, is now...

Watch Now >>

Portakabin | Installation at the iconic Admiralty Arch, London
Portakabin | Installation at the iconic Admiralty Arch, London

Portakabin | Installation at the iconic Admiralty Arch, London

Watch Now >>