FOREX TradingCharts.com

Financial News: Germany's Construction Sector Logs Marginal Growth

Germany's Construction Sector Logs Marginal Growth

10/04/2018 - 04:02:00 (RTTNews)

(RTTNews) - The German construction sector saw a loss of growth momentum in September, data from IHS Markit revealed Thursday.

The construction Purchasing Managers' Index came in at 50.2 in September, down from 51.5 in August. A score above 50 indicates expansion.

The latest reading indicated only a marginal monthly rise in total building activity and confirmed the weakest quarter in terms of average growth for four years.

Among sub-sectors, growth rates in home-building and work on commercial building projects showed slower increases but moderate overall. However, the worst performing sub-sector was civil engineering, where activity returned to contraction.

"Expansion in the wider economy continues to boost construction order books, and firms expect high demand to support output levels in the year ahead," Phil Smith, a principal economist at IHS Markit, said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Belgium Consumer Confidence At 6-month High (05 hr(s), 17 min(s), 11 sec(s) ago)
(RTTNews) - Belgium's consumer confidence advanced to a six-month high in October after deteri ...Full Story»

U.S. Existing Home Sales Plunge To Nearly Three-Year Low In September (05 hr(s), 44 min(s), 11 sec(s) ago)
(RTTNews) - After a month of stagnation in August, the National Association of Realtors released a ...Full Story»

Dutch Consumer Confidence Weakens For Third Month (08 hr(s), 32 min(s), 11 sec(s) ago)
(RTTNews) - Dutch consumer confidence eroded for a third straight month in October, as households& ...Full Story»

Hong Kong Unemployment Rate Steady At 20-year Low (10 hr(s), 09 min(s), 11 sec(s) ago)
(RTTNews) - Hong Kong's unemployment rate was unchanged for a fifth straight month in Septembe ...Full Story»

Eurozone Current Account Surplus Rises In August (10 hr(s), 33 min(s), 11 sec(s) ago)
(RTTNews) - Euro area current account surplus increased in August from the previous month, prelimi ...Full Story»

UK Sep Budget Deficit Lowest Since 2007 (11 hr(s), 21 min(s), 11 sec(s) ago)
(RTTNews) - The UK budget deficit reached its lowest September level in 11 years, data from the Of ...Full Story»

China's Q3 GDP Growth Weakest Since 2009 (11 hr(s), 56 min(s), 11 sec(s) ago)
(RTTNews) - China's economy grew at the slowest pace since the global financial crisis in 2009 ...Full Story»

European Economics Preview: UK Public Sector Finance Data Due (14 hr(s), 36 min(s), 11 sec(s) ago)
(RTTNews) - Public sector finances from the UK and current account from euro area are due on Frida ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Belgium Consumer Confidence At 6-month High

10/19/2018 - 10:53 AM (RTTNews)
(RTTNews) - Belgium's consumer confidence advanced to a six-month high in October after deteri ...Full Story>>

U.S. Existing Home Sales Plunge To Nearly Three-Year Low In September

10/19/2018 - 10:26 AM (RTTNews)
(RTTNews) - After a month of stagnation in August, the National Association of Realtors released a ...Full Story>>

Dutch Consumer Confidence Weakens For Third Month

10/19/2018 - 07:38 AM (RTTNews)
(RTTNews) - Dutch consumer confidence eroded for a third straight month in October, as households& ...Full Story>>

Hong Kong Unemployment Rate Steady At 20-year Low

10/19/2018 - 06:01 AM (RTTNews)
(RTTNews) - Hong Kong's unemployment rate was unchanged for a fifth straight month in Septembe ...Full Story>>

Eurozone Current Account Surplus Rises In August

10/19/2018 - 05:37 AM (RTTNews)
(RTTNews) - Euro area current account surplus increased in August from the previous month, prelimi ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.