24th Mar 2016 07:36
BERLIN (Alliance News) - New orders received by the German construction sector increased in January and the order value was the highest since April 2002, Destatis said Thursday.
Construction orders grew 1% from the previous month. Year-on-year, the increase was 12.6% on an adjusted basis.
In the three months to January, the order volume rose 16% from the August to October period.
Turnover increased 1.5% year-on-year in construction companies with 20 or more employees.
Employment in the sector grew 1.6% annually, but fell 1.3% from the previous month.
Copyright RTT News/dpa-AFX