Germany Infrastructure Report Q3 2013 - New Market Report
After official data was released it has come to light that Germany's construction sector has continued to struggle as eurozone worries impede growth. Our revised forecast for growth of -1.9% in 2013 was below our expectations, but nonetheless in line with our view that the sector will underperform. 2014 should see a return to growth, which will be the trend for the 10-year forecast period to 2022. Average growth between 2013 and 2022 will be 1%, indicating that confidence from...
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