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Germany construction downturn eases in August, S&P Global PMI rises

Germany’s construction purchasing managers’ index climbed to 48.7 in August from 42.1 in July, with S&P Global survey results citing fresher growth in commercial activity.

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BRUSSELS (dpa-AFX) - Germany's construction sector downturn moderated notably in August amid a fresh growth in commercial activity, survey results from S&P Global showed Friday.The construction purchasing managers' index climbed to 48.7 in August from 42.1 in July.

Nonetheless, any reading below 50…