German building permits increase 9.6 percent in H1

Friday, 16 August 2013 11:19:39 (GMT+3)   |   Istanbul
       

The positive trend in residential construction permits in Germany continued in the first half of 2013.
 
As reported by the Federal Statistical Office (Destatis), building permits for a total of 124,900 dwellings were granted in Germany in January-June this year. Compared with the first half of 2012, this indicates an increase of 9.6 percent or 10,900 buildings, following the 4.8 percent year-on-year increase recorded in 2012.
 
In 2012, the year-on-year rise in building permits for dwellings in Germany had maintained the positive trend observed since 2010, though the growth rate was significantly below the 21.7 percent year-on-year increase seen in 2011.

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