Davy Research

Market comment

Contraction in UK construction sector as Brexit negotiations falter

DAVY VIEW

Reports over the weekend underline that there has been little progress in EU/UK negotiations, with UK Prime Minister Theresa May’s leadership under threat. Friday’s industrial production data showed the sector benefitting from sterling’s weakness. However, construction output fell for a second consecutive quarter, led by a 5% contraction in commercial building activity.

Download full report with analyst certification and important disclosures
Download
Download full report with analyst certification and important disclosures
Download

Analyst(S)

JUMP TO