EU HCOB Construction PMI (Mar) 44.6 (Prev. 46.0)

The EU HCOB Construction PMI for March came in at 44.6, down from the previous 46.0, indicating a contraction in the construction sector as the index remains below the expansion threshold of 50.

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The head of the Iranian negotiating delegation has not yet been finalised, Tasnim reports citing sources

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EU HCOB Construction PMI (Mar) 44.6 (Prev. 46.0)

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This decline suggests potential headwinds for economic growth in the eurozone and may influence market expectations for policy adjustments or stimulus measures to support the sector.

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