IHS Markit Germany Construction PMI®: COVID-19 Crisis Weighs on New Orders and Activity in May, but Downturn Starts to Ease

Key findings:

• Activity, new orders and employment post further steep, albeit slower declines
• Purchase price inflation eases to weakest in over five years
• Activity expectations remain in negative territory

German constructors recorded a further fall in activity in May, according to latest PMI® data from IHS Markit, with the coronavirus pandemic reportedly weighing on inflows of new work and .....