25
May
15:37
German construction industry lifts outlook for 2018
Germany’s construction industry remains on course for expansion. Its main association, Hauptverband der Deutschen Bauindustrie, has raised its growth forecast to 6% for revenues in 2018, up from 4% that it anticipated at the beginning of the year, (see Kallanish 31 January).
“The construction industry will remain a pillar of the economic development in Germany in the mid-term,” its president Peter Hübner says. The main driver will be resid…
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