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German construction industry lowers turnover forecast

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Published in issue 24/2020
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The Zentralverband Deutsches Baugewerbe (ZDB), Berlin, expects that the effects of the corona crisis will also lead to turnover declines in the construction industry. Across all construction sectors, the current May forecast anticipates nominal turnover to remain stable or decline by up to 2% vis à vis 2019. In real ...

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