Germany's construction sector continued to deteriorate sharply at the end of the first quarter as constructors expressed a gloomy outlook amid subdued demand caused by high interest rates and economic uncertainty, survey results from S&P Global showed on Friday.
The construction purchasing managers' index dropped to 38.3 in March from 39.1 in February.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.