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05 Apr
15:25

German construction outlook remains bleak

Germany’s construction industry expects another decline in revenue this year, by 3.5%, according to its association, Hauptverband der Deutschen Bauindustrie. This means another year of decreasing business, after revenue in 2023 was down 5% year-on-year, in real terms, the association says, citing figures from the federal statistics office. It notes that revenue nominally saw a minor increase, but that the figures needed to be set off against higher intake co…
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