German Construction to Rise 2% as Homebuilding Grows, Groups Say

German construction spending will rise 2% in 2015 to EU101b, surpassing EU100b for first time since 2000, German building associations said in a statement today. * Residential construction will rise 3% to EU36.8b * Industrial construction to gain 1.5% to EU36.3b * Public sector building seen climbing 1% to EU28b NOTE: Forecasts made by the HDB Federation of the German Construction Industry and the ZDB German Construction Federation