As reported by the German Federal Statistical Office (Destatis), the total price-adjusted value of orders received by building
construction and civil and underground engineering enterprises in
Germany increased by 4.2 percent in 2012, compared to the previous year.
In 2012, building
construction demand increased by 5.4 percent, while demand in civil and underground engineering was up by 2.8 percent, both on year-on-year basis. The total turnover in building
construction in
Germany amounted last year to around €93.8 billion, indicating a slight increase of 0.4 percent compared to 2011.
Meanwhile, in December last year the total price-adjusted value of orders in the
construction industry decreased by 6.6 percent from the corresponding month of the previous year. In December, demand fell by 2.7 percent in building
construction and by 11.4 percent in civil engineering, both on year-on-year basis. In the given month, the total turnover of the German
construction industry amounted to approximately €8.5 billion, with a decrease of 10 percent from the same month of 2011.