Global Economic News

German Construction Activity Contracts At Slower Pace

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.

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by Renju Jaya

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