Construction activity in Europe recovering but war in Ukraine is set to have an impact
"The construction sector, which had already proved to be more resilient than other sectors the previous year, also began recovering with strong growth in the first half of 2021. Overall, total investment in construction increased by 5.2%", says Rüdiger Otto, FIEC Vice-President for Economic and Legal Affairs, commenting on the release of FIEC’s Statistical Report.
Investment in construction is also expected to resume growth in 2022. Nevertheless, construction activities are already being impacted by the war in Ukraine which means that projections for this year are likely to change while those for the medium term remain uncertain.
Check-out our Statistical Report https://fiec-statistical-report.eu/