Eurozone September construction PMI 42.1 vs 41.4 prior ...Middle East

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Construction PMI 42.1 vs 41.4 prior.Key findings:Construction activity falls across all monitored countries and sectors. Employment and purchases scaled back further.Expectations regarding outlook remain severely downbeat.Comment:Commenting on the PMI data, Dr Tariq Kamal Chaudhry, Economist at Hamburg Commercial Bank, said: “The Eurozone's construction sector shows no signs of easing. While the HCOB PMI for the construction sector saw a slight uptick from the previous month, it remained firmly in contraction territory at 42.1 points in September. Among the subsectors, civil engineering saw the steepest month-on-month decline, though the residential real estate sector remains the most deeply

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