In March this year, Germany's construction sector saw its 11th straight month-on-month increase in overall activity levels. Markit's seasonally adjusted Germany Construction Purchasing Managers' Index (PMI) was at 52.5 points in March, down from February's reading of 53.6.
Activity on housing, commercial building and civil engineering projects in Germany increased in March. Civil engineering work and commercial construction activity rose at weaker rates, but the latter still outperformed the other two sub-sectors. Meanwhile, work on residential buildings increased at the sharpest rate in six months. In line with the rise in activity, employment in Germany's construction sector expanded further in the given month.
Source:
http://www.steelorbis.com/steel-news/latest-news/german-construction-activity-continues-to-improve-in-march-822751.htm
