The FX PostThe FX Post
    What's Hot

    FlatQube Trade Volume, Trade Pairs & Trust Score

    November 7, 2022

    Step Guide to Winning Forex Trading

    September 19, 2022

    Relationship Between Currency Risk and Foreign Bonds

    September 2, 2022
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home ยป Eurozone Construction PMI Jumps to 56.6 in January, Driven by Surge in House Building
    Indices News

    Eurozone Construction PMI Jumps to 56.6 in January, Driven by Surge in House Building

    February 4, 20221 Min Read
    Facebook Twitter Pinterest LinkedIn Reddit
    steel enterprise production workshop
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    Construction firms in the euro area have posted a huge increase in activity at the start of 2022, driven by a rapid surge in house building and a bounce back in civil engineering projects.

    • The IHS Markit eurozone construction total activity index surged to a four-year high of 56.6 in January, increasing from 52.9 in the prior month. A PMI score above 50 signals that a larger percentage of businesses a reporting higher activity levels than the prior month.
    • Usamah Bhatti, an economist at IHS Markit, stated that a record surge in new orders, driven by sustained government support, helped to boost activity growth to the highest level since January 2018.
    • Bhatti further stated that there were indications that widespread reports of material shortages and delivery delays had reached a peak and had started to ease.

    Construction firms in Italy posted their biggest increase in activity on record as German builders stated that business grew at the fastest pace for nearly two years and French firms posted a moderate increase.

    Euro Stoxx 50 down -0.87%, EUR USD up +0.20%

    Source: IHS Markit

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more
    Construction euro zone economy Eurozone Eurozone business
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    European Central Bank

    Christine Lagarde Solidifies ECB’s Message on Combating Inflation

    June 28, 2022
    Salesforce-backed front

    Salesforce-Backed Front Valued at $1.7 Billion in Financing Round

    June 28, 2022
    G7 countries to hit Russia

    G7 Countries to Hit Russia With Brand-New Assents

    June 27, 2022
    China's clean power growth

    China’s Clean Power Growth Outlook for 2022 Maintains Getting Bigger

    June 24, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    74  −    =  71

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • FlatQube Trade Volume, Trade Pairs & Trust Score
    • Step Guide to Winning Forex Trading
    • Relationship Between Currency Risk and Foreign Bonds
    • Best Social & Copy Trading Platforms
    • Bitcoin Dips Listed Below $20,000 With Fundstrat Considering ‘Last Washout’
    Featured Reviews
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    CryptoHero

    CryptoHero Review: Pros, Cons, Recommendations

    June 3, 2022
    Bitsgap

    Bitsgap Review: Pros, Cons, Recommendations

    April 29, 2022
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2023, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.