12 May 2022
- Monthly construction output increased by 1.7% in volume terms in March 2022, the fifth consecutive monthly growth and a record high in monthly level terms (£14,994 million) since monthly records began in January 2010.
- The increase in monthly construction output in March 2022 was driven by increases seen in both repair and maintenance and new work.
- The level of construction output in March 2022 was 3.7% above the February 2020 pre-coronavirus (COVID-19) pandemic level; new work was 1.6% below the February 2020 level, while repair and maintenance work was 13.8% above the February 2020 level.
- Along with the monthly increase, construction output rose 3.8% in Quarter 1 (Jan to Mar) 2022; outside of the coronavirus pandemic period, this is the strongest quarterly growth since Quarter 1 2017 (3.9%).
- Total construction new orders decreased by 2.6% in Quarter 1 2022 compared with Quarter 4 2021; despite this quarterly fall, all sectors are still above their pre-coronavirus pandemic level (Quarter 4 2019).
- The annual rate of construction output price growth was 7.3% in the 12 months to March 2022; this was the strongest annual rate since records began in 2014.
Download the full BEIS construction dashboard here.
Download the ONS Construction update here.