In May this year, the total price-adjusted value of new orders in the overall German construction industry increased by 3.5 percent month on month and rose by 17 percent compared to May 2015, as announced by the German Federal Statistical Office (Destatis).
In May of the current year, the total turnover in the overall German construction industry rose by 12.3 percent year on year and increased by 3.3 percent month on month.
Meanwhile, in the first five months of this year the total price-adjusted value of new orders in the overall German construction industry grew by 15.5 percent on year-on-year basis. In the period in question, the total turnover in the overall German construction industry increased by 8.1 percent year on year.