Economic Buzz: German Construction Activity Returns To Growth In April

German construction Purchasing Managers Index rose to 50.9 in April from 47.0 in March, survey data from IHS Markit showed Monday. The construction activity returned to growth in April after severe weather had caused disruption to building work at the end of the first quarter. The sector had contracted in March for the first time in over three years in March. The latest reading was the second-lowest seen for just under two years.