German construction sector contracts at slower pace

NAMPA / DPA

2026-04-08

Berlin (dpa-AFX) - Germany's construction sector shrank at a slower pace in March, and the outbreak of war in the Middle East intensified cost pressures, survey results from S&P Global showed Wednesday. The construction Purchasing Managers' Index rose to 48 in March from 43.7 in February. A score above 50 indicates expansion. The reading was the highest registered so far in 2026. New orders declined for the third straight month and reached their......

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