Construction industry strongly positive in January
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In January 2025, construction and assembly production in Poland increased by 4.3% y/y, following an 8% decline in December, according to the Central Statistical Office (GUS). After seasonal adjustments, the growth was even higher at 6.1%. Analysts attribute this recovery partly to favorable weather conditions and the start of an EU-funded investment cycle.
All construction sectors saw growth: residential building construction rose by 7.1%, specialized construction work by 3.9%, and civil engineering by 1.6%. Despite strong housing construction, oversupply and declining prices suggest this may not indicate a long-term trend. Meanwhile, public investment projects, particularly specialized construction, show signs of revival, driven by EU funding programs such as KPO and structural funds.