UK construction growth falls to 11-month low

London

GROWTH in Britain's construction industry tumbled to an 11-month low in July, as a lacklustre outlook for the economy and heightened political uncertainty deterred new orders, a survey showed on Wednesday.

The Markit/CIPS UK Construction Purchasing Managers' Index (PMI) fell to 51.9 from 54.8 in June, below all forecasts in a Reuters poll of economists that had pointed to a reading of 54.5.