22
Feb
19:30
Surprising Polish construction slump in January bodes poorly
Polish construction activity slumped 6.1% on-year in January, compared to the consensus of 8.1% growth. This follows impressive 14% on-year growth in December. ING, which projected a 3.1% increase in January, says the data bodes poorly for a recovery in investments this year.
Many EU-backed projects from the previous perspective have ended, with a slow start to new ones and a weaker housing market, the bank observes.
Production growth in civil engineering constru…
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Anonymous
Very good overview of the weekly steel market.
Anonymous