New orders in German construction up 10.1 percent in Oct from Sept

Wednesday, 28 December 2016 17:32:52 (GMT+3)   |   Istanbul
       

In October this year, the total price-adjusted value of new orders in the overall German construction industry increased by 10.1 percent month on month and rose by 21.6 percent compared to October 2015, as announced by the German Federal Statistical Office (Destatis).
 
In October of the current year, the total turnover in the overall German construction industry rose by 0.3 percent year on year and decreased by 3.7 percent month on month.
 
Meanwhile, in the first ten months of this year the total price-adjusted value of new orders in the overall German construction industry grew by 14.7 percent on year-on-year basis. In the period in question, the total turnover in the overall German construction industry increased by 6.9 percent year on year.

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