GUS: in August, decline in investments, varies among industries
14:05
In August 2024, the share of companies in the industrial sector reporting a decline in investments increased by 2.5 percentage points to 32.5%, and in construction, it rose by 3.2 percentage points to 30.3%, according to Poland's Central Statistical Office (GUS). Despite this, most companies plan to maintain investment levels similar to the previous year, with 39.8% of industrial firms and 65.5% of service companies indicating this. However, investment prospects worsened in construction and industrial processing.
There was a notable rise in investment optimism among wholesale trade companies, with 13.9% planning increased investments. High investment costs were cited as the primary barrier across sectors, with significant mentions of inflation and lengthy approval procedures, particularly in large construction firms.
