The business confidence index for Ukraine’s construction market rose by 4 percentage points (pp) in the third quarter of 2026 compared to the second quarter, reaching “minus” 21.1%, according to the State Statistics Service (State Statistics Service). According to a survey of construction companies conducted by the agency, the assessment of the current volume of orders improved by 6.3 p.p. to “minus” 35.2%. Thus, 60% of the surveyed companies assessed their current order volume as normal for the season, while 38% assessed it as insufficient.
Sixty-one percent of respondents expect prices for their services to rise by the end of the third quarter of this year. Only 2% of respondents forecast a decrease in the cost of construction work, while 36% do not expect any changes in pricing policy.
According to State Statistics Service data, the companies participating in the survey have an average of six months’ worth of orders, which corresponds to the pre-war level at the beginning of 2022.
The State Statistics Service notes that in the third quarter of 2026, the construction sector will be negatively affected by labor shortages (53.6%), financial constraints (47.9%), insufficient demand (20.7%), and other factors (42.3%).
About 25% of the surveyed companies expect a reduction in their workforce in July–September, while 56% believe their workforce will remain unchanged, and 19% forecast an expansion of their workforce.
According to the State Statistics Service, 43% of respondents reported an increase in the volume of construction work completed in the previous quarter, while 22% reported a decrease.
The survey showed that 98% of Ukrainian construction companies find it quite difficult to predict future business trends.
The statistical data does not include territories temporarily occupied by the Russian Federation or parts of territories where hostilities are (or were) taking place.
BUSINESS EXPECTATIONS, CONSTRUCTION MARKET, State Statistics Service, UKRAINE
