Construction measures suggest improvement in the Polish construction industry
Moreover, the companies’ bad financial standing until recently had an impact in bringing down the prices of building services. In numerous cases companies striving to build up their backlogs were forced to cut prices in the face of growing competition. As a result, they suffered financial setbacks. According to the statistics, the index of construction and assembly output prices dropped 1.8%. Combined with low interest rates, these developments have a positive effect on economic feasibility of projects, as seen from the investor’s perspective. Accordingly, the private sector stepped up investment efforts, as can be seen in particular in the non-residential construction segment. Facilities under construction include new office buildings, hotels and industrial properties.
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