More homes completed in Poland amid pandemic

Despite the COVID-19 pandemic, builders in Poland completed 5.5 percent more homes in the first eight months of this year than in the same period in 2019, the country’s Central Statistical Office (GUS) has reported.

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Around 135,800 housing units were completed nationwide between the start of January and the end of August, the office said on Monday.

It added, however, that the number of housing starts from January to August, at around 141,100, was 10 percent lower than in the same period last year.

Meanwhile, overall output in Poland’s construction-and-assembly sector fell by 12.1 percent in August in year-on-year terms, while decreasing by 3.5 percent month on month, the state-run statistics agency also reported.

In August 2020, the value of #construction and #assembly #production in constant prices decreased by 12.1% YoY and was 3.5% lower as compared to July 2020.https://t.co/EybYiDb4T5#StatisticsPoland #IndexNumberOfProduction pic.twitter.com/bCVVYvcedi

— Statistics Poland (@StatPoland) September 21, 2020

Amid the coronavirus crisis, the Polish economy contracted 8.2 percent in the second quarter of this year, after expanding by 2 percent in the first quarter, the Central Statistical Office reported last month.

(gs/pk)

Source: PAP, stat.gov.pl