According to Markit British construction sector activity increased in December. Construction PMI in U.K. grew by 0.9 points in December from 52.3 in November. Index improve was a surprise for analysts, who expected 0.3 points decrease for the last year of 2011.
Over 50 points index shows industry expansion.
Further increase is expected in new business, which leads to employment growth.
Bank of England announced today data about net lending to individuals. The amount grew by 1 billion pound in November almost in line with expectations (0.9 billion).
Pound reminded slightly lower against U.S. dollar after both reports release.
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