German construction activity lagging in May

NAMPA / DPA

2026-06-04

Frankfurt (dpa-AFX) - Germany's construction activity continued to contract sharply in May with firms recording a sustained fall in activity alongside soaring input costs, survey data from S&P Global showed on Thursday. The construction purchasing managers' index (PMI) posted 42.4 in May. "This was up slightly from April's 13-month low of 42.1, but it was nevertheless comfortably below the 50.0 no-change mark and thereby indicative of a marked ra......

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