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German Construction IndustryCNBC
•85% Informative
Permits for newbuilds dropped 24.2% in May compared to the same month last year , and declined nearly 40% compared to May in 2022 .
Germany 's housebuilding and construction industry has been struggling for some time, with sentiment and expectations for the industry hitting all-time lows earlier this year .
The underlying causes of the decline in permits have not yet eased and aren't likely to do so anytime soon, experts say.
VR Score
90
Informative language
90
Neutral language
79
Article tone
formal
Language
English
Language complexity
55
Offensive language
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Hate speech
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Attention-grabbing headline
not detected
Known propaganda techniques
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Time-value
short-lived
External references
2
Source diversity
2
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