Construction Output Increased by 0.8% in Volume Terms in October 2022

The Office for National Statistics published estimates of construction output for October 2022 this morning.

  • Monthly construction output is estimated to have increased 0.8% in volume terms in October 2022; this is the fourth consecutive monthly growth, with October 2022 being the highest level of construction output (£15,248 million) since records began in January 2010.
  • Anecdotal evidence continues the narrative around the increased prices for certain construction products, however annual price growth is starting to ease from the high level in mid-2022; despite the current high prices, the construction industry is maintaining growth, and new orders books remain strong (see detail about these data in Section 2: Construction in Great Britain data)
  • The increase in monthly construction output in October 2022 came from increases in both new work (0.5%) and repair and maintenance (1.3%) on the month.
  • At the sector level, five out of the nine sectors saw a rise in October 2022, with the main contributors to the monthly increase seen in private new housing, and non-housing repair and maintenance, which increased 2.9% and 1.7%, respectively.
  • The level of construction output in October 2022 was 4.8% (£698 million) above the February 2020 pre-coronavirus (COVID-19) pandemic level; new work was 0.2% (£21 million) above its February 2020 level, while repair and maintenance work was 13.5% (£677 million) above the February 2020 level.
  • Alongside the monthly increase, construction output saw an increase of 1.1% in the three months to October 2022; this is the twelfth consecutive period of growth in the three-month-on-three-month series, and the increase came solely from growth in new work (3.1%) as repair and maintenance saw a decrease (2.1% fall).

Read the full BEIS construction dashboard here.

Download the ONS Construction update here.

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