UK Economics Correspondent, London
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Sep 12, 2014

UK construction output stagnates in July as housebuilding slows

LONDON, Sept 12 (Reuters) – British construction output
stagnated in July as a rapid expansion in house building started
to level off, causing annual growth to sink to an eight-month
low.

However, orders for new work rose at the fastest rate in a
year, leaving economists confident that the coming months would
bring robust growth, particularly as earlier private-sector
surveys have also pointed towards a continued strength.