LONDON (ICIS)–The shortage of materials
denting output in the German construction
industry eased in August, compared with July,
but more than 40% of firms still reported
trouble sourcing materials, research institute
Ifo said on Monday.
Companies in the southwest of Germany, however,
are still reeling from the July floods that
caused widespread
disruption to rail and road transport.
Nationally, 42.2% of construction companies
reported materials shortages, down from 48.8%
in July.
In public works – or civil engineering – the
materials shortages have been less pronounced
throughout, and also eased in August, with
…