War in Ukraine poised to impact profit margins in the Polish construction sector

The latest report from research firm Spectis, “Construction market in Poland 2022-2029”, indicates that following a strong start to the year, the outlook for the construction sector over the coming months of 2022 is now less bright. The expected slowdown can be indirectly caused by the ongoing war in Ukraine, which only aggravates the problems the market has been facing previously, such as soaring prices of raw materials, building materials, and energy sources or the shortage of labor.