Germany May construction PMI 43.9 vs 42.0 prior

  • Latest data released by HCOB - 6 June 2023
  • Prior 42.0

Subdued demand conditions continue to weigh on Germany's construction sector, with falling housing activity being the main drag. New orders were seen falling at its fastest pace in eight months and this marks a 14th straight month that the construction sector is in contraction territory.

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