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New orders in German construction industry up slightly in H1

Friday, 23 August 2013 12:08:06 (GMT+3)   |   Istanbul
       

As reported by the German Federal Statistical Office (Destatis), the total price-adjusted value of orders received by building construction and civil and underground engineering enterprises in Germany increased by 9.2 percent in June this year compared to the same month of 2012.

In June, building construction demand in Germany increased by 12.4 percent, while demand in civil and underground engineering was up by 5.6 percent, both on year-on-year basis. The total turnover in building construction in Germany amounted in June this year to around €8.6 billion, indicating a decrease of 0.4 percent compared to June 2012.

In the first half of 2013, new orders in German building construction increased by 0.3 percent on year-on-year basis. The total turnover in building construction in Germany amounted in the first half to around €37.2 billion, indicating an increase of 5.1 percent compared to the same period of 2012.


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