Germany's construction sector continued to contract in November but the pace of decline softened due to the rise in civil engineering activity, survey data from S&P Global showed on Thursday.
The HCOB construction Purchasing Managers' Index registered 45.2 in November, down from October's seven-month low of 42.8. A score below 50.0 indicates contraction in the sector.
The increase was primarily driven by renewed upturn in civil engineering activity. However, there were sustained downturns in housing and commercial activity. Residential activity remained the weakest-performing segment by some margin.
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