Germany June construction PMI 41.4 vs 43.9 prior

  • Latest data released by HCOB - 6 July 2023
DE PMI
  • Prior 43.9

The downturn in the German construction sector intensifies as housing activity posts its sharpest decline since February 2010. Rising interest rates and growing economic uncertainty is weighing on the building sector and new orders is also seen falling at its second-fastest rate since 2009. Pain.

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