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Markit Economics released construction purchasing managers' index (PMI) for Germany on Friday. Germany's construction purchasing managers' index (PMI) fell to 50.3 in August from 50.6 in July.
A reading above 50 indicates expansion in the sector.
The index was driven by a drop in new orders and as constructors expect activity to fall in the next 12 months.
"The marginal increase in overall construction output was attributed to fractional growth in work on residential and commercial building projects, while civil engineering activity contracted at the fastest pace in almost a year. Moreover, companies noted a lack of incoming new business and reported pessimism towards the 12-month outlook for activity," an economist at Markit, Oliver Kolodseike, said.
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