Germany’s construction sector has warned that its long-running downturn is far from over, as rising energy and raw material costs continue to weigh on businesses. Industry leaders say a hoped-for recovery has been weakened by a new wave of price increases linked to geopolitical tensions in the Middle East. Marcus Nachbauer, chairman of Germany’s main […]
Economic growth across the euro zone slowed sharply in March as rising energy costs and supply chain disruptions weighed on business activity. According to data from S&P Global, the composite Purchasing Managers’ Index (PMI) for the region fell to 50.7 from 51.9 in February, marking its lowest level in nine months, though still marginally indicating […]
Germany’s service sector growth lost momentum in March, with business activity slowing sharply due to weakening demand linked to the ongoing Middle East conflict. The latest survey by S&P Global showed that the services Purchasing Managers’ Index (PMI) fell to 50.9 from 53.5 in February, marking its lowest level in seven months, though still slightly […]


