Germany July construction PMI 49.5 vs 50.0 prior
Latest data released by Markit - 6 August 2019
- Prior 50.0
Construction activity is seen contracting again in July after the recovery at the start of the year has run its course. The subdued conditions in factory activity and the manufacturing sector are no doubt part and parcel as to what is causing the drop here; which highlights further potential negative spillovers to other areas in the German economy.