Property Lending (Q1) & Construction PMI (Apr)

Commercial property development activity grew solidly again in April but other data show that credit availability in the sector more generally remains pretty tight. Given this, and our expectation that GDP growth will be just 1.5% this year and next, it seems unlikely that overall development activity is about to surge.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.