Poland Construction Output YoY

Poland · Monthly series · EC-PL-COUT

Latest, September 2026

-8.9%

-13.30pp from August 2026

Open interactive chartPoland Construction Output YoY in the app

32.13.649-24.8October 2016September 2027
History through September 2026, the forecast path to September 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for September 2027: -1.2%, with an 80% interval of -16.9% to 15.8%.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
October 2026-4.3%-12.6%3.7%
November 2026-3.8%-7.9%0.2%
December 2026-4.1%-13.3%5.1%
January 2027-1.7%-24.8%21.3%
February 2027-1.0%-20.1%17.8%
March 2027-1.8%-10.1%6.6%
April 2027-1.6%-10.2%7.4%
May 2027-1.6%-14.8%12.1%
June 2027-2.6%-16.0%11.9%
July 2027-1.2%-8.9%7.0%
August 2027-1.8%-13.8%11.2%
September 2027-1.2%-16.9%15.8%

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Supported evidence

The point forecast beat the no-change baseline overall and in a majority of the evaluated tests.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+17%Beats the no-change baseline over 12 tests (12 tests, 10 won)
Direction
71%No clear edge over a coin flip (101 of 142 calls right in 12 tests)
Turning points
33 of 76Anticipated some turns (76 turns in 12 tests, 0 without a turn)
Error vs baseline
17% lowerError ratio 0.83; 1.00 is a tie.
Tests won
10 / 12Complete rolling backtests; ties count as no win.
Test period
2014-10-01 to 2026-09-0112 observations ahead per test.
80% band coverage
83%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.

Reading

It is above 11% of the 119 earlier readings since October 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
September 2026-8.9%
August 20264.4%
July 2026-2.4%
June 20262.9%
May 20266.1%
April 20264.6%
March 2026-1.6%
February 2026-13.7%
January 2026-11.0%
December 20252.9%
November 20250.1%
October 20254.2%
September 2025-1.9%
August 2025-5.0%
July 20250.7%
June 20252.1%
May 2025-4.9%
April 2025-4.2%
March 2025-1.0%
February 20250.4%
January 20256.5%
December 2024-10.0%
November 2024-5.4%
October 2024-11.4%

Source

Data: public market data feeds.

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