UK Construction PMI Rebounds in July but Sector Still in Contraction

The United Kingdom’s construction sector showed signs of stabilization in July, with the S&P Global Construction PMI rising to 44.7 from 38.4 in June 2026, according to data updated on 6 August 2026. The improvement suggests a slower pace of decline after a steep downturn in the previous month.

Despite the notable uptick, the July reading of 44.7 remains below the 50.0 threshold that separates expansion from contraction, indicating that overall activity in the sector is still shrinking, albeit less sharply than in June. The move higher from June’s 38.4 level points to easing pressure on the industry and may be interpreted by market participants as an early sign of potential stabilization if the trend continues in coming months.