Wednesday preview: UK construction PMI data released

The Markit/CIPS UK construction purchasing managers index (PMI) data for March will be unveiled Wednesday, a day after figures showed a spike in manufacturing and services exports.

The Markit/CIPS UK construction purchasing managers index (PMI) data for March will be unveiled Wednesday, a day after figures showed a spike in manufacturing and services exports.

The construction PMI is expected to rise to 48 in March, according to the consensus forecast, from February's drop to 46.8 - the lowest since October 2009 - which sunk further below the 50 level that separates growth from contraction.

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