German construction PMI falls to one year low in March

Source: RTT News
© Scanpix/FP
Construction activity in the Europe's largest economy accelerated in March rising at a slower rate than in the month before as new orders eased to the lowest level in a year, a report unveiled by Markit Economics showed on Friday. The German PMI dropped from February's level of 53.6 points to a level of 52.2 in the following month.

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