Prior 36.3Total activity in Germany's construction sector fell at its slowest rate in five months. But make no mistake, this is still a poor showing in the grand scheme of things. Once again, all three sub-sectors showed a decline in activity with civil engineering the worst performing. Besides that, input prices rose for a third month running to its highest in 11 months. HCOB notes that:“These numbers continue to paint an ugly picture. True, the PMI has gone up by almost 3 points which is not negligible. However, the index remains still deep in recessionary territory and it is only a one-month movement for now. “Housing remains the main driver of the recession in construction, followed by c
Hence then, the article about germany february construction pmi 39 1 vs 36 3 prior was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Germany February construction PMI 39.1 vs 36.3 prior )