UK construction companies have reported a strong end to the first quarter, with new order growth remaining robust, according to the latest Markit/CIPS report.
“The data adds to the generally positive flow of data that has been seen since the start of the new year, adding to evidence that the economy rebounded strongly from the surprise contraction in GDP in the final quarter of last year,” said Markit economist Sarah Ledger.
But she said doubts remained over how long the resurgent growth will continue.
“Worryingly, new order growth slowed more notably than that of activity in March, pointing to a slowdown in activity over the coming months, especially if the pattern is maintained.”
Input costs rose at the fastest rate since August 2008.
