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German Construction Sector Downturn Deepens In October

Por: RTTNews Business November 07, 2023

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Germany's construction sector contracted the most in three-and-a-half years in October with steep declines in demand and employment, purchasing managers' survey results from S&P Global showed on Tuesday.The HCOB construction Purchasing Managers' Index dropped to 38.3 in October from 39.3 in September. A score below 50.0 indicates contraction. The downturn was again led by the housing sector as the decline in residential project... + full article



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