May construction update from the Department for Business, Energy & Industrial Strategy
The latest Monthly Construction Update from the Department for Business, Energy & Industrial Strategy (BEIS), which uses the Builders Merchant Building Index (BMBI) as one of its sources, is now available.
The latest update shows that monthly construction output increased by 1.7% in volume terms in March 2022, marking 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 came from increases in both repair and maintenance (3.0%) and new work (1.0%).
Anecdotal evidence from returns to the Monthly Business Survey suggest repair work was boosted in March due to storm damage in February 2022.
Download the latest BEIS Monthly Construction Update here.