Quarterly development output noticed a lower of 1.3% in Quarter 4 (Oct to Dec) 2023 in contrast with Quarter 3 (July to Sept) 2023; this got here solely from a lower in new work (5.0% fall), as restore and upkeep elevated by 4.0%. Month-to-month development output is estimated to have decreased 0.5% in quantity phrases in December 2023; this got here solely from a lower in new work (1.1% fall), as restore and upkeep elevated 0.4% on the month. On the sector degree, three out of the 9 sectors noticed a fall in December 2023, with the principle contributors to the month-to-month lower seen in infrastructure new work, and personal … (full story)
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