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Germany's construction sector contracted sharply at the start of the year with sustained declines in activity, new orders and employment, survey results from S&P Global showed on Tuesday.
The German construction sector continued to deteriorate sharply at the end of the final quarter, impacted by the combined effect of market uncertainty and higher interest rates, survey results from S&P Global showed on Friday.
Germany's industrial production declined for the fourth straight month in September and the downturn in construction deepened further, reinforcing fears of a recession at the end of the year.
Germany's construction sector continued to contract in April as rising interest rates and high construction prices dampened activity, survey results published by S&P Global showed on Friday.
Germany's industrial production expanded more than expected in February, underpinned by the growth in automotive output, and alleviated the risk of recession. However, a closely watched survey showed that the construction sector continued to contract in March after output and new orders fell at faster rates.