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25.06.2019 16:21

Germany construction orders fall in April - Destatis

The Federal Statistical Office (Destatis) reports that price-adjusted new orders in the main construction industry in April 2019 decreased a seasonally and working-day adjusted 1.7% on March 2019.

In building construction and civil and underground engineering, in establishments of enterprises with 20 or more persons, new orders increased by 12.7% in nominal terms compared with the corresponding month of the previous year.

This decline was due to the high order intake last month on the back of particularly good development, the agency reported.

Compared to the previous year, price-adjusted order intake in the main construction industry increased 6.4% in April.

From the January to April period, construction orders advanced 7.5% from the same period last year.


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