A summary of the data from the Markit/CIPS Construction PMI® for May revealed that construction growth rebounded to a 17-month high in May, driven by housebuilding.

Other key findings include:

    • Business activity rises at fastest pace since December 2015
    • Residential work replaces civil engineering as best performing category
    • Input cost inflation moderates to seven-month low

To view the full report, click here.