Sharp decline in European construction continues in May

June 24, 2020
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ITTO/Fordaq
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Although the headline figures from IHS Markit Construction Purchasing Managers Index (PMI) for the eurozone and UK in May were better than in April, they still indicated a steep decline in construction activity. For the eurozone, the PMI rose to 39.5 in May, up from a record low of 15.1 in April (a score below 50 indicates contraction)...
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