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S&P: Germany's Construction PMI Hits Eight-Month High in August

MT Newswires·09/04/2026 03:52:08
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03:52 AM EDT, 09/04/2026 (MT Newswires) -- Germany's overall construction activity remained in contraction territory in August, although the pace of decline markedly slowed amid a renewed pickup in commercial activity for the first time in over a year, S&P Global said Friday. The S&P Global Germany Construction PMI Total Activity Index rose to 48.7 from 42.1 in July, nearing the 50-point neutral mark and marking the highest reading in eight months.