Monthly Construction Output is Estimated to Have Grown by 0.5% in June 2024

On 15th August, the Office for National Statistics published estimates of construction output, new orders, and output prices for June 2024 and Quarter 2 2024.

Construction output is estimated to have fallen by 0.1% in Quarter 2 (Apr to June) 2024, compared with Quarter 1 (Jan to Mar) 2024; this came solely from a decrease in new work (0.5% fall), as repair and maintenance grew by 0.4%.

Monthly construction output is estimated to have grown by 0.5% in June 2024; this came from rises in both new work (0.9%), and repair and maintenance (0.1%).

In June 2024, seven of the nine sectors experienced growth, primarily driven by non-housing repair and maintenance as well as private commercial new work. These two areas saw increases of 3.2% and 2.1%, respectively.

Total construction new orders grew by 16.5% (£1,771 million) in Quarter 2 2024, compared with Quarter 1 2024; this quarterly increase mainly came from private commercial new work, and infrastructure new work, which grew by 15.1% (£503 million) and 23.4% (£389 million), respectively.

The annual rate of construction output price growth was 1.9% in the 12 months to June 2024.
Read the full report here. Download the ONS Construction update here.