2014-03-17 14:44:03 - Construction in Poland - Key Trends and Opportunities to 2017 - a new market research report on companiesandmarkets.com
The Polish construction industry increased in value at a compound annual growth rate (CAGR) of 3.93% during the review period (2008â2012). The commercial and infrastructure construction markets drove this growth. European Union (EU) funds and the 2012 UEFA European Championship supported the infrastructural improvements.
The Polish economy demonstrated strong resilience during the financial crisis due to strong domestic demand and consumption, and a flexible currency. Poland was the only country in Europe to avoid the recession in 2009. However, growth in the industry is expected to be moderate over the forecast period (2013â2017), as a result of rising unemployment rates and low wage growth. The industry is expected to record a forecast-period CAGR of 0.33%.
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