UK construction industry still booming despite dip in May
Markit/CIPS construction PMI slips as growth slows in commercial space such as offices, shops and warehouses
British construction grew at the slowest pace in seven months in May but economists said the outlook remained strong amid a boom in housebuilding.
The Markit/CIPS construction PMI, which measures building activity, edged lower to 60 in May from 60.8, mainly reflecting slowing growth in commercial space such as offices, shops and warehouses.