Ifo economist: German construction industry at its worst since December 2015

tower crane used in building construction

BERLIN, April 24 (Reuters) – The situation in Germany’s construction industry is as bad as last seen in December 2015, Ifo economist Klaus Wohlrabe said on Monday.

The industry has seen a lot of cancellations, Wohlrabe said, adding that the German economy in general is lacking momentum.

Discover more from The Dispatch

Subscribe now to keep reading and get access to the full archive.

Continue reading

Verified by MonsterInsights