U.K. construction growth cooled more than economists forecast last month as homebuilding slumped to the weakest in a year.
Markit Economics said its Purchasing Managers Index fell to 61.4, the lowest in five months, from 64.2 in September. Economists had forecast a decline to 63.5, based on the median estimate in a Bloomberg News survey. A reading above 50 indicates expansion. A gauge of housing dropped to 61 from 65.8.