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German Construction Activity Contracts Most Since April 2020

Por: RTTNews Business December 06, 2023

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German construction sector deteriorated at the steepest pace in just over three-and-a-half years in November amid a sharp fall in activity across all segments, especially housing projects, survey results from S&P Global showed on Wednesday.The HCOB construction purchasing managers' index dropped to 36.2 in November from 38.3 in October. Any score below 50 indicates contraction in the sector.Among the three broad categories, housing activity... + full article



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