FX.co ★ U.K. Construction Slump Eases Slightly in September, Year-on-Year Decline Narrows to 1.5%

U.K. construction output remained in negative territory in September 2026, but the pace of decline moderated compared with the previous month, according to the latest data updated on 12 November 2026. Year-over-year, output fell 1.5% in September, easing from a 1.8% drop recorded in August 2026.

The figures are based on annual comparisons, measuring each month’s performance against the same month a year earlier. While the sector is still contracting on this basis, the smaller decline in September suggests that the worst of the recent downturn may be stabilising, offering a tentative sign of relief for an industry that has been under sustained pressure. Investors and policymakers will now watch upcoming releases to see whether this softer pace of decline can be sustained or translated into a return to growth.