More new homes in Poland as COVID-19 crisis ebbs: stats office

Builders in Poland completed 8.9 percent more homes in the first five months of this year than in the same period in 2020, the country’s Central Statistical Office (GUS) has reported, as the COVID-19 crisis ebbs.

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Around 87,100 housing units were completed nationwide between the start of January and the end of May, the office said.

It added that the number of housing starts in January, February, March, April and May, at around 118,800 in total, was 46.3 percent higher than in the same period last year.

Meanwhile, overall output in Poland’s construction-and-assembly sector increased by 4.7 percent in May in year-on-year terms, while rising by 10.2 percent month on month, the state-run statistics agency also reported.

Despite the coronavirus crisis, almost 222,000 new homes were completed in Poland last year, 7 percent more than in 2019, the Central Statistical Office reported earlier this year.

The Polish economy contracted 0.9 percent in the first quarter of this year, after shrinking 2.7 percent in 2020 as a whole, according to a preliminary estimate released by the Central Statistical Office at the end of last month.

(gs/pk)

Source: PAP, stat.gov.pl

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