Germany's construction activity returned to contraction in January after rising for the first time in almost four years in December, survey data from S&P Global showed on Thursday.
The HCOB construction Purchasing Managers' index posted 44.7 in January, down from 50.3 in December.
A score below 50.0 indicates contraction. The reading signaled that the sector shrank at the fastest rate in three months.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.