German construction industry sales rose 2.5% in 2013 vs estimates of 2.0%. Forecasters predict sales to grow 3.5% this year with demand for homes the driver.
The details come from German construction groups HBD and ZDB. In October ZDB had said that they may miss the 2% mark after floods in the first half of 2013 but a strong recovery in H2 clawed the gains back.