CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

Construction activity falls for first time in over three years in March 2018 in Germany

March saw the level of total construction activity in Germany fall for the first time in over three years as persistent bad weather caused disruption across the sector.

New orders and employment nevertheless continued to rise, albeit at reduced rates, and building companies remained in a strongly optimistic mood about the outlook over the next 12 months.

 

 

The headline seasonally adjusted Purchasing Managers’ Index (PMI) – which measures changes in the level of total industry activity compared with one month ago – registered 47.0 in March, down from 52.7 and its first reading below the 50.0 no-change level since January 2015.

 

Further information:

Markit Germany Construction PMI March 2018

 

Source: Markit economics, https://www.markiteconomics.com

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Posted in General Market News, Market Trends & Statistics

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