RMI falls despite construction output up
Published: 11 February, 2013
Figures for construction output in fourth quarter have been revised slightly upwards but although the volume of new work grew, that for repair and maintenance fell.
Construction output rose by 0.9% in the fourth quarter, the Office for National Statistics (ONS) said. Its previous assumption had been for a rise of just 0.3% in the sector. Growth in private housing and infrastructure accounted for much of the rise, the ONS said, but this was partially offset by decreases in new public non-housing work and private housing repair and maintenance.
The estimated volume of all new work grew by 1.6%, while repair and maintenance fell by 0.3% compared with the previous quarter. The ONS measures construction output from the activity of business in Britain, not including Northern Ireland, which conducts its own equivalent survey.