Construction activity slowed in November

Construction activity slowed in NovemberAccording to the latest figures released, the construction activity has fallen around 4 per cent, indicating that the economic recovery in the country is still fragile in the UK

The country's manufacturing output and broader industrial production remained stagnated in November, compared to expectations for growth.  The figures released by the Office for National Statistics indicated that the UK economic is still recovering.

The Office for National Statistics said that manufacturing and industrial production was flat during the month of November compared to the previous month.

The lower than expected manufacturing output, a fall in the construction sector and a slowdown in retail sales growth raised concerns that the economy has not recovered fully.  There are concerns that the UK economy might not be able to record dtrong growth during the fourth quarter after it emerged as one of the fastest growing developed economy in the world.

The official data us not in line with the recent surveys in the market, that predicted strong growth across sectors in the UK economy.




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