CIPS/Markit Construction PMI (Feb. 13)

The stabilisation in commercial property construction in January proved to be only temporary, with the CIPS/Markit PMI falling back to 45.5 in February, a three-year low. Given occupier demand is still fragile and development finance hard to get, developers’ confidence and activity look set to remain sluggish for some time yet.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.