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Germany February construction PMI 48.6 vs 43.3 prior

Germany February construction PMI 48.6 vs 43.3 prior
  • Prior 43.3

An improvement in German construction activity points to a shallower contraction in February, helped by the fact that input cost inflation fell to a 27-month low. New orders continued to fall though, albeit at a slower pace. S&P Global notes that:

“February's PMI showed the German construction sector take a step towards stabilisation, with the decline in total industry activity easing to... Read More

Posted: Mar 6 2023, 08:30
Author Name: forexlive
Views: 110633

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