Polish home builders stay busy despite pandemic

Despite the COVID-19 pandemic, builders in Poland completed 7.4 percent more homes in the first nine 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 156,500 housing units were completed nationwide between the start of January and the end of September, the office said on Wednesday.

It added, however, that the number of housing starts from January to September, at around 167,300, was 6.2 percent lower than in the same period last year.

Meanwhile, overall output in Poland’s construction-and-assembly sector fell by 9.8 percent in September in year-on-year terms, while increasing by 15.5 percent month on month, the state-run statistics agency also reported.

In September 2020, the value of #construction and #assembly #production in constant prices decreased by 9.8% YoY and was 15.5% higher as compared to August 2020.https://t.co/APiYy0ylve#StatisticsPoland #IndexNumberOfProduction pic.twitter.com/8HCmI5ZIGM

— Statistics Poland (@StatPoland) October 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, according to the Central Statistical Office.

(gs/pk)

Source: PAP, stat.gov.pl