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German home building permits decline in May as sector struggles

Published by Global Banking and Finance Review

Posted on July 18, 2025

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FRANKFURT (Reuters) -Building permits for apartments in Germany fell 5.3% in May from a year earlier, statistics office data showed on Friday, as the nation's troubled property industry continues to struggle.

The drop is a setback after some improvements earlier this year.

(Reporting by Tom Sims, editing by Rachel More)

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