New orders in German building construction up 7.3% in April

Monday, 25 June 2012 12:20:03 (GMT+3)   |  
       

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 7.3 percent in April this year, compared to the same month of the previous year.

In April, building construction demand increased by 10.8 percent, while demand in civil and underground engineering was up by 3.7 percent, both on year-on-year basis. The total turnover in building construction amounted in April to around €7.1 billion, indicating just a slight increase of 0.1 percent compared to April 2011.

Meanwhile, in the first four months of the current year the total price-adjusted value of orders in the construction industry increased by nine percent over the corresponding period of the previous year. In January-April, the total turnover of the German construction industry amounted to approximately €22.4 billion, with an increase of 0.9 percent over the same period of 2011.


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