Britain shifted wartime construction rather than stopping it

When did the Royal Navy slow warship construction during the Second World War?

It did not broadly stop; priorities shifted from capital ships and carriers toward other vessels, then shifted again as requirements changed.

A change in the composition of orders can look like a decline if only capital ships are counted. The wider program kept producing the escorts, auxiliaries, and other vessels required until victory. Churchill initially redirected effort away from capital ships and carriers, after which priorities shifted again as operational needs changed. Britain slowed particular categories without abandoning continuous wartime shipbuilding.