The Mercury

Constructi­on sector expands

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UK’s constructi­on sector grew faster than expected in May and added jobs for the first time in nearly a year, offering a chink of light in what has become a generally sombre outlook for the UK economy. The Markit/CIPS headline constructi­on purchasing managers index rose to 54 in May from 53.3 in April, beating forecasts for a reading of 53.6. Economists said the figures suggested the sector grew in the second quarter and that it fared better between January and March. – Reuters

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