Construction market in Poland to shrink 3-5 pct in 2020
Constructionschedule 02 October 2020
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The Polish economy has already passed the low point of the short-term economic downturn.
However, the construction industry has not arrived at this point yet since it does not respond immediately to economic shocks. The industry is waiting for the next budgetary cycle of the EU to begin, but no effect will be seen on investment volumes before H2 2021.
Due to the relatively good performance of the construction industry over the first half of the year, market analysts have revised 2020 forecasts upwards. In its 'Construction market in Poland 2020-2027' Spectis forecasts that the rea
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