Construction market trends
US | Residential output and building permits weakening as rising interest rates slow the economy.
Europe | Higher raw material prices and supply-chain disruptions continue dampening the Eurozone’s construction output and demand.
China | Real estate remains under pressure but signs of improvement emerging after local governments eased buying curbs and authorities cut mortgage rates.
India | The core industries sector grew by the fastest rate in 13 months but also helped by a weak base of comparison y-o-y. Underlying activity picking up.