Financial News: German Construction Sector Downturn Deepens

German Construction Sector Downturn Deepens

10/06/2026 - 05:10:00 (RTTNews)

(RTTNews) - Germany's construction sector contracted notably in September, led by a steep reduction in work on housing projects, survey data from S&P Global showed Tuesday.

The construction Purchasing Managers' Index fell to 43.5 in September from an eight-month high of 48.7 in the previous month. A score below 50.0 indicates contraction.

There was a notable drag from renewed weakness in housing activity. Housing activity recorded its biggest decline since December 2024. After a brief return to growth, commercial activity contracted in September. Work on civil engineering activity fell only fractionally.

Inflows of new work decreased markedly but the rate of decline was the slowest in three months. Reduced workloads led constructors to reduce their workforce numbers and purchases of building materials. Employment decreased the most since April.

Average purchase prices registered the steepest increase since June. Rates charged by subcontractors rose sharply and at the fastest rate in three months.

The degree of lead times lengthened at the least marked pace since last December. Finally, constructors expected activity levels to fall in the coming year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Sweden Producer Price Inflation Rises To 11.2% (01 hr(s), 54 min(s), 58 sec(s) ago)
(RTTNews) - Sweden's producer price inflation reached the highest level in more than three yea ...Full Story»

Singapore Industrial Output Growth Moderates (04 hr(s), 46 min(s), 58 sec(s) ago)
(RTTNews) - Singapore's industrial output growth eased notably in September due to the sharp c ...Full Story»

Japan Leading Index Rises As Estimated (05 hr(s), 18 min(s), 58 sec(s) ago)
(RTTNews) - Japan's leading index climbed to the highest level since early 2014 in August, fin ...Full Story»

Japan Leading Index Data Due On Monday (46 min(s), 02 sec(s) ago)
(RTTNews) - Japan will on Monday see August results for its leading and coincident indexes, highli ...Full Story»

U.S. Consumer Sentiment Deteriorates Far Less Than Previously Estimated In October (32 min(s), 02 sec(s) ago)
(RTTNews) - The University of Michigan released a report on Friday showing consumer sentiment in t ...Full Story»

UK Private Sector Growth Strengthens (42 min(s), 02 sec(s) ago)
(RTTNews) - The UK private sector activity grew the most in eight months in October, supported by ...Full Story»

Russia Keeps Interest Rate Unchanged (27 min(s), 02 sec(s) ago)
(RTTNews) - The Bank of Russia left its benchmark interest rate unchanged for the second straight ...Full Story»

Eurozone Private Sector Growth At 4-Month Low (56 min(s), 02 sec(s) ago)
(RTTNews) - The euro area private sector softened to a four-month low in October as activity in Fr ...Full Story»