by Property Forum
According to Michael Klien from WIFO (the Austrian Euroconstruct member institute), 2022 was the second year of recovery for the European construction industry after the outbreak of the pandemic. The year-on-year growth rates of 3% were, however, much lower than in 2021 (+5.8%) owing to the sharp rise in construction costs, Euroconstruct reports in its latest press release.
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