German HCOB Construction PMI (Feb) 43.7 (Prev. 44.7)
Newsquawk Staff ·
German HCOB Construction PMI (Feb) 43.7 (Prev. 44.7)
What it means
The German HCOB Construction PMI for February came in weaker at 43.7, down from 44.7 in the previous month. This decline indicates a continued contraction in the construction sector, which may influence overall economic sentiment and raise concerns regarding growth in the Eurozone. Traders should consider how this could impact ECB policy and risk sentiment moving forward.
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