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Construction PMI sees surprise increase, RSM say

The latest rise in construction PMI was driven by increases in commercial, housing and civil engineering activity, as well as the availability of subcontractors

According to the latest PMI data by IHS Markit and CIPS, the headline construction PMI saw a surprising increase to 52.3 in September 2022, up from 49.2 in August, which saw the first rebound since February.

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