construction sector decline News

Germany's Industrial Sector Surges: A 1.2% Rise in May Sparks Economic Optimism

Germany's industrial production increased by 1.2% in May, with significant growth in the automotive, energy, and pharmaceutical sectors, despite a decline in construction and inter...

KDI Sounds Alarm: South Korea Faces Significant Economic Slowdown in 2023

The Korea Development Institute (KDI) warns of an economic slowdown in South Korea, citing a record low GDP growth rate in the first quarter of 2023, weakened construction sector, ...