UK construction surge continues in October as sector growth hits six year high

The UK's construction sector continues to expand at a tremendous pace, according to the latest purchasing managers' index (PMI) data.

In October construction PMI stood at 59.4, from 58.9. Economists had forecast that the PMI for the sector would come in flat at 58.9.

World First's Jeremy Cook says that "it is the residential side of the market that is driving this growth" on the back of improvements in business and consumer confidence.

Any number above 50 implies expansion, and that new figure implies that the conustruction expansion continues to be really strong.

Markit said that growth was seen across housing, commercial and civil engineering activity.

Tim Moore, senior economist at Markit, says that sector output "continues to rise like a phoenix from the ashes".