German construction sector registered a sharp slowdown in activity growth in March as Ukraine war dampened demand, prices as well as supply, survey results from S&P Global showed on Wednesday. The construction Purchasing Managers Index fell to 50.9 in March from a two-year high of 54.9 in February. Nonetheless, a score above 50.0 indicates expansion in the sector. The slowdown was led by the residential sector, which after recording strong growth in the prior two months, logged a renewed contraction.
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