FX.co ★ UK Construction Slump Eases in August but Sector Still in Contraction

U.K. construction output remained in decline in August 2026, but the pace of contraction moderated compared with the previous month, according to year-over-year data updated on 15 October 2026. Output fell 1.8% in August relative to August a year earlier, an improvement from July’s revised 2.5% year-on-year drop.

The figures indicate that while the construction sector is still under pressure, the downturn may be bottoming out. The “actual” August reading reflects the change versus the same month a year ago, while July’s “previous” figure measures the year-over-year shift in that earlier period. The narrower decline suggests some stabilization, though the industry has yet to return to growth on an annual basis.