Business news from Ukraine

Business news from Ukraine

Prices for construction and installation works in Ukraine increased by 7.9% in 2024

11 February , 2025  

Prices for construction and installation works in Ukraine increased by 7.9% in 2024 compared to 2023, the State Statistics Service (Ukrstat) reported.

According to the statistics agency, prices increased in all segments of construction last year: in residential construction, the growth was 8.6%, in non-residential construction – 7.9%, and in engineering – 7.7%. At the same time, in December 2024, compared to December 2023, prices increased by 7.4%, 6.9% and 7%, respectively.

The State Statistics Service also noted that in December 2024 compared to November 2024, prices for construction and installation works increased by 0.4%.

As reported, in 2023, prices for construction and installation works increased by 15.8% compared to 2022.

The State Statistics Service pointed out that the figures are given without taking into account the temporarily occupied territories and part of the territories where hostilities are (were) conducted.