Builders enjoy boom times but prices rocket

28 August 2012
The UK construction industry kept up its recent strong growth in April, according to the latest PMI figures.

Although the headline purchasing managers' index (PMI) - a composite indicator of economic conditions compiled by CIPS and NTC Research - slipped marginally to 57.6, activity rose for the sixty-third consecutive month.

In the housing and commercial sectors, the rise in new orders (down to 58.8) and greater opportunity to win tenders boosted activity levels, at...

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