German Building Permits Decline, Recovery Stalls in February
FRANKFURT (Reuters) - Building permits for apartments in Germany fell 2.3% in February from a year earlier, statistics office data showed on Thursday, underscoring the fragility of the nation's troubled property industry.
The drop is a setback following two consecutive months of increases that provided some hope of a recovery after three years of declines during a severe slump in the nation's building sector.
(Reporting by Tom Sims, Editing by Miranda Murray)
