The pound euro (GBP/EUR) exchange rate is almost unchanged on Thursday.
The pound is unmoved by data showing that the UK construction sector grew at a slower pace than expected in August. The construction PMI eased to 53.6, below forecasts of 54.9.
The data comes after services and manufacturing PMI data pointed to an improving economic outlook.
The euro is resilient after eurozone retail sales rose by 0.1% MoM, after falling -0.4% MoM in June. The growth is still sluggish as consumers continue to face headwinds.
German factory orders were also a bright spot and were a rare point of good news, rising 2.9%.
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