UK construction PMI unexpectedly drops to 43.3 in Sept - GBP/USD keeps the red

The construction sector activity in the UK continued to deteriorate last month, the latest survey report from Markit Economics showed this Wednesday.

The final Purchasing Managers' Index (PMI) came in at 43.3 in September, down sharply from 45.0 recorded in August and missed the consensus estimates pointing to a reading of 45.0.

Key Points:

Commercial activity remains weakest-performing category.

Second-quickest fall in new orders for over a decade.

Employment cut to greatest extent since December 2010.