The pace of decline in UK's construction sector activities slowed notably in April, compared to previous months, reports said Tuesday citing data from the Markit Economics.
The CIPS/Markit construction purchasing managers' index jumped to 38.1 in April from 30.9 in March, marking the highest reading in seven months. However, the reading is still below the 50 no-change mark. Meanwhile, economists had forecast a slight increase to 31.9.
UK's construction sector suffered the most in the financial crisis as demand and credit availability deteriorated notably.
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