Eurozone construction buyers report accelerating downturn in September

The downturn in construction activity worsened in September, according to a regular survey of construction buyers.

The Hamburg Commercial Bank (HCOB) Eurozone Construction Purchasing Managers PMI Total Activity Index fell from 46.7 in August to 46.0 in September (where any score below 50.0 indicates a contraction in activity).

It found that there was a steeper reduction in France, while activity in Germany also continued to…

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