Germany Infrastructure Report Q2 2014 - New Study Released
The German construction industry performed better than expected in 2013, as our view for a recovery in the sector plays out. In 2014 we forecast real growth in the industry at 1.6% in real terms driven largely by continued investment in the renewables sector and large demand for residential buildings. We have upped our medium-term forecast as the government moves to address low levels of domestic investment and ageing infrastructure with pledges of investing billions of euros in road and...
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