Financial News: German Construction Activity Declines Most In 13 Months

German Construction Activity Declines Most In 13 Months

05/07/2026 - 08:33:00 (RTTNews)

(RTTNews) - Germany's construction activity contracted at the sharpest pace in 13 months in March as Middle East tensions impact overall industry performance, survey data from S&P Global showed Thursday.

The construction Purchasing Managers' Index fell to 42.1 in April from 48.0 in March. The score was the lowest since March 2025.

Work on residential projects declined at a much quicker rate than seen in the prior month. Commercial activity posted its steepest fall in 17 months, while civil engineering activity remained virtually unchanged.

The survey showed a slump in demand and input cost inflation surged to its highest in almost four years. Moreover, supplier delivery times lengthened in part due to shortages of materials.

There was a sharp and accelerated decline in purchasing activity. Firms scaled back their workforce numbers and the pace of job shedding accelerated sharply since the previous survey period.

Finally, sentiment among builders sank sharply to the lowest since December 2024. Respondents cited potential headwinds to demand from rising inflation, higher interest rates, weakness in the broader economy and elevated levels of uncertainty.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Five-Year Note Auction Attracts Average Demand (30 min(s), 19 sec(s) ago)
(RTTNews) - The Treasury Department continued this week's series of announcements of the resul ...Full Story»

Austria Manufacturing Activity Expands (05 hr(s), 15 min(s), 19 sec(s) ago)
(RTTNews) - Austria's manufacturing activity expanded at a slightly faster pace in May, survey ...Full Story»

French Consumer Confidence Weakest Since Early 2023 (05 hr(s), 38 min(s), 19 sec(s) ago)
(RTTNews) - French consumer confidence fell to the lowest in more than three years in May, survey ...Full Story»

Europe New Car Sales Growth Eases (07 hr(s), 21 min(s), 19 sec(s) ago)
(RTTNews) - Europe's new car registrations grew at a slower pace in April amid heightened geop ...Full Story»

New Zealand Holds Key Rate; Signals Rate Hikes (11 hr(s), 27 min(s), 19 sec(s) ago)
(RTTNews) - The Reserve Bank of New Zealand maintained its benchmark interest rate on Wednesday an ...Full Story»

Japan Producer Prices Rise 3.0% On Year In April (15 min(s), 41 sec(s) ago)
(RTTNews) - Producer prices in Japan were up 3.0 percent on year in April, the Bank of Japan said ...Full Story»

New Zealand Rate Decision Due On Wednesday (23 min(s), 41 sec(s) ago)
(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday ...Full Story»

Villeroy De Galhau Says ECB 'Will Do What Is Necessary' To Rein In Inflation: CNBC (27 min(s), 41 sec(s) ago)
(RTTNews) - The European Central Bank "will do what is necessary" to bring inflation back to the 2 ...Full Story»