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New orders in German construction down 0.5 percent in Mar from Feb

Thursday, 26 May 2016 15:24:18 (GMT+3)   |   Istanbul
       
In March this year, the total price-adjusted value of new orders in the overall German construction industry decreased by 0.5 percent month on month and rose by 14.9 percent compared to March 2015, as announced by the German Federal Statistical Office (Destatis).
 
In March of the current year, the total turnover in the overall German construction industry rose by 3.6 percent year on year and increased by 28.1 percent month on month.
 
Meanwhile, in the first three months of this year the total price-adjusted value of new orders in the overall German construction industry increased by 14.2 percent on year-on-year basis. In the period in question, the total turnover in the overall German construction industry grew by 4.9 percent year on year.

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