Construction output in Great Britain: December 2024, new orders and Construction Output Price Indices, October to December 2024
Short-term measures of output by the construction industry in December 2024, contracts awarded for new construction work in Great Britain and a summary of the Construction Output Price Indices (OPIs) in the UK for Quarter 4 (Oct to Dec) 2024.
Table of contents
- Main points
- Construction output in December 2024
- New orders in the construction industry in Quarter 4 2024
- Construction output price indices in December 2024
- Data on construction in Great Britain
- Glossary
- Data sources and quality
- Related links
- Cite this statistical bulletin
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1.Main points
- Construction output is estimated to have increased by 0.5% in Quarter 4 (Oct to Dec) 2024 compared with Quarter 3 (July to Sept) 2024; this came solely from an increase in new work (1.2%), as repair and maintenance fell by 0.4%.
- Monthly construction output is estimated to have fallen by 0.2% in volume terms in December 2024; this came solely from a fall in repair and maintenance (1.8%) as new work grew by 1.1%.
- At the sector level, five out of the nine sectors fell in December 2024; the main contributors to the monthly decrease were non-housing repair and maintenance, and private housing repair and maintenance, which fell by 1.8% and 1.4%, respectively.
- Total construction new orders fell by 2.4% (£231 million) in Quarter 4 2024 compared with Quarter 3 2024; this quarterly decrease came solely from infrastructure new work and private industrial new work, which fell by 23.5% (£496 million) and 19.7% (£197 million), respectively.
- Annual construction output increased by 0.4% in 2024 compared with 2023; this is the fourth consecutive year of annual growth.
- The annual rate of construction output price growth was 3.0% in the 12 months to December 2024.
2.Construction output in December 2024
Quarterly construction output is estimated to have grown by 0.5% in Quarter 4 (Oct to Dec) 2024. This was driven by growth in November 2024, up by 0.6% (revised from 0.4%), and followed no growth (0.0%) in October 2024 (revised from a fall of 0.3%).
Monthly construction output is estimated to have fallen by 0.2% in volume terms in December 2024.
3.New orders in the construction industry in Quarter 4 2024
In Quarter 4 (Oct to Dec) 2024, total construction new orders decreased by 2.4% (£231 million) compared with Quarter 3 (July to Sept) 2024. This follows a decrease of 23.7% in Quarter 3 2024 compared with Quarter 2 (Apr to June) 2024.
Quarter 4 2024 showed the lowest level of total construction new orders (£9,268 million) since Quarter 2 2020 (£6,024 million). More information can be found in our New orders in the construction industry dataset.
Other new orders (that is, non-housing) was the sole contributor to the decrease in Quarter 4 2024, falling by 9.1% (£671 million). This came from infrastructure new orders, which fell by 23.5% (£496 million) and was driven by decreases in electricity, harbours and railways. The other contributor to the fall in other new work was private industrial new orders, which decreased by 19.7% (£197 million).
Housing new orders saw an increase of 21.2% (£442 million). This came predominantly from private new housing, which increased by 24.0% (£438 million). Public new housing also increased by 1.6% (£4 million).
4.Construction output price indices in December 2024
Prices in the construction industry, as estimated by our Construction Output Price Index (OPI), increased to 3.0% in the 12-month period to December 2024.
Source: Office for National Statistics licensed under the Open Government Licence v.1.0.
