German Building Industry Orders Decrease In June

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Tuesday, Germany's Federal Statistical Office said the value of orders received by building construction and civil and underground engineering enterprises decreased 7% in June compared to the previous year.

At the same time, the demand for building construction declined 21.1%, while that of in civil and underground engineering increased 8%.

Meanwhile, the number of employees decreased 19,000 or 2.7% annually to 696,000 in June.

Tuesday, Germany's Federal Statistical Office said the value of orders received by building construction and civil and underground engineering enterprises decreased 7% in June compared to the previous year. (Market News Provided by RTTNews)