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Germany construction orders fall notably in May

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Staff Writer | July 26, 2017
Germany construction orders declined notably in May from April, figures from Destatis showed.
Germany construction machines
Germany   Figures from Destatis
New orders in the construction industry fell by seasonally adjusted 6.6% in May.

In nominal terms, new orders in building construction and civil and underground engineering grew 2.4% from the previous year.

During January to May period, new orders increased by 6.6% in nominal terms from the same period of last year.