Federal Statistical Office

News aus der Elektroindustrie

Low mortgage interest rates and the housing of refugees have accelerated the building boom in Germany in the first 5 months of this year.

Low mortgage interest rates and the housing of refugees have accelerated the building boom in Germany in the first 5 months of this year.

From January to May the construction of 148,400 homes was approved, as reported by the German Federal Office of Statistics, 30.6% more than in the same period last year and the highest level in the first 5 months of a year since 2000, when the figure was 154,700 homes.

The steepest increase was in building permits for homes in hostels, with more homes in hostels (10,300) being approved from January to May 2016, a category which includes refugee accommodation, than in duplex units (9,400 homes).

There was also significant growth in multi-family dwellings (+ 26.5 %), duplex units (+21.6 %) and detached houses (+15.8 %).

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After the drop at the beginning of the year German exporters delivered more goods all over the world again in February, with exports climbing by 3.9% in comparison with the same month last year to EUR 95.7 bn, as reported by the Federal Statistics Office in Wiesbaden.

After the drop at the beginning of the year German exporters delivered more goods all over the world again in February, with exports climbing by 3.9% in comparison with the same month last year to EUR 95.7 bn, as reported by the Federal Statistics Office in Wiesbaden.

Imports rose less quickly by 0.8% to EUR 76.5 bn. Experts anticipate that German exporters are also heading for a record year again in 2015 due to the weak euro, with the foreign trade association BGA predicting a 4.5% increase in exports for this year.

In February exporters delivered considerably more goods “made in Germany” to countries outside the Eurozone in particular.

Exports to EU countries which like England and Poland do not belong to the eurozone climbed by 6.4% in February in the annual comparison to EUR 20.9 bn.

There was a slightly weaker, but also positive development in trade with partner countries in the eurozone, where exports rose by 1.7% to EUR 35.6 bn.
 

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