A series of important data releases from the Polish economy is behind us. The latest statistics from the Central Statistical Office show that one of the industries that are doing significantly weaker than a year ago is broadly understood construction.
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Construction and assembly production in October was 5.9 percent. lower than in the same period of 2019. The regression in the statistics has been visible since April.
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Consolation may be the fact that the declines are slightly weaker than before. In September they reached almost 10%, and in August they exceeded 12%.
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Moreover, the Central Statistical Office (GUS) surprised even slightly, as economists’ forecasts were a bit more pessimistic. Average predictions indicated a decline in construction and assembly production at the level of 6.5%.
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In the report, the Central Statistical Office calculates that the value of construction and assembly production including investment works in October was lower by 4.8%. compared to the corresponding month of the previous year (a decrease by 6.7% in 2019), while the value of renovation works decreased by 7.5%. (in 2019 an increase by 0.3%).
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Compared to last October, there was a decrease in the value of construction and assembly production for units performing specialized construction works (by 1.8%), dealing with the construction of civil engineering structures (by 4%) and the construction of buildings (by 11.3%). percent)
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54 min. ago
JshdybdThe construction worker will fall, and it will fall because it is a matter of time, then Morawiecki will be transported on wheelbarrows. The economy can’t take it.
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46 min. ago
MiMiLet the price per meter increase, surely Kowalski with a payment, or rather something called a payment, will buy … We are already 360 degrees behind Europe with a payment
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50 min. ago
Kowal-skiThe construction workers don’t work remotely ?? And officials “” work “” remotely and charge Gaża for employment on the position !! That’s where it … Read the whole thing
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