June, 13 2026 Saturday 12:47 Hrs
Last update 11-9-2025
  • SENSEX :   75,527.95

  • Commodity broking firm in India1,695.40( 2.30%) 12-Jun-2026

End Session Commentary - Detailed News

Economic Buzz: German construction sector stays in deep contraction
04-Jun-26   17:06 Hrs IST
Germany's construction sector continued to witness a sharp contraction in May. New orders continued to decline at a sharp rate, albeit slightly better than in April. Construction PMI came in at 42.4 compared to previous reading of 42.1 and stayed in deep contraction zone. Panellists indicated strong headwinds to demand from heightened levels of uncertainty and elevated price pressures. As for inflation pressures, the rate at which input prices rose held close to April's 47-month high. That was driven by a continued increase in the cost of energy and oil-based products. Firms also faced worsening supply delays in May as average lead times on building materials and products lengthened to the greatest extent since July 2022 amid reports of logistics issues and supply shortages. While there is some improvement in housing and commercial activity on the month, they remain at subdued levels.

Powered by Commodity Insights

Top

Attention Investor:

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.