Construction sector appears strong in outlook even as activity levels drop

Date: 21 Jun 2023

The construction sector is looking increasingly confident after input inflation fell to 33-month low, but new activity still hasn’t picked up, according to the BNP Paribas Real Estate Construction index.

Headline activity among builders contracted for the eighth month in a row in May, although it inched closer to growth as new orders, employment and buying all accelerated.

Read more here.

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