Market Report, "Germany Infrastructure Report Q2 2012", Published
BMI View: As the Eurozone crisis grinds on, the uncertainty spreading to the German infrastructure sector grows. An underlying trend toward a slowdown has weakened forecasts for 2012. The construction industry value is expected to stand at US$127.9bn for 2012, based on growth of just 1.35% year-on-year (y-o-y). Growth prospects will remained constrained over the forecast period, with average 0.87% y-o-y growth between 2012 and 2016, when the industry value will reach US$135bn.
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