Germany Infrastructure Report Q1 2014 - New Market Report

From: Fast Market Research, Inc.
Published: Thu Jan 23 2014

Our view that the German construction industry is set to recover over 2014 looks set to play out, as positive construction indicators over the second half of 2013 point to an increase in activity. A rush to begin work following harsh weather conditions in H113, combined with Germany's improving economic picture, have seen confidence begin to return. The German election has yielded a coalition promising to invest in infrastructure over the next four years, and the positive effect of this on sentiment in the industry has led us to upgrade our medium-term outlook. We forecast that 2013 will see the value of Germany's construction industry contract by 1.9% year-on-year before it returns to growth of 1.6% in 2014.

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