Timber-construction revenues increased in December

20.03.2019 − 

German timber-construction companies and carpentry businesses generated 5.5 % more sales revenue in December than they did a year earlier. According to the provisional figures published by the federal statistics office (Destatis) on 8 March, the increase turned out to be lower than the adjusted figure for November (+7.4 %). The lower rate of growth, which had already fallen in November against October (+16.8 %), is attributable to the high reference figure for a year earlier.

The latest growth is the seventh successive month of growth in sales revenue generated by the timber-construction industry. This results in an increase of 7.6 % for the year as a whole.

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