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German home building permits rise 7.9 per cent in June
Gulf Today
|August 19, 2025
Home building permits in Germany rose 7.9 per cent in June from a year earlier, statistics office data showed on Monday, as the nation’s troubled property industry continues to find its footing.
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The monthly increase is from low levels and follows a drop in the previous month.
Germany's property sector, which began to shrink in 2022, is undergoing its most severe slump in decades. Permits are an important indicator of future construction activity.
Diese Geschichte stammt aus der August 19, 2025-Ausgabe von Gulf Today.
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