The business confidence index in Ukraine’s construction market fell by 1.9 percentage points (pp) in the fourth quarter of 2026 compared to the third quarter, reaching “minus” 23.4%, according to the State Statistics Service (SSS).
According to a survey of construction companies conducted by the agency, the assessment of current order volumes worsened by 2 p.p. to “minus” 37.2%. Specifically, 59% of the surveyed companies rated their current order volumes as normal for the season, while 40% rated them as insufficient.
Sixty-two percent of respondents expect to raise prices for their services by the end of the fourth quarter of this year. Five percent of respondents forecast a decrease in the cost of construction work, while 33% do not expect any changes in pricing policy.
According to data from the State Statistics Service, 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 statistical agency notes that in the fourth quarter of 2026, construction will be negatively impacted by labor shortages (53.9%), financial constraints (50.8%), insufficient demand (20.8%), and other factors (44.7%).
About 28% of the surveyed companies expect a reduction in their workforce in October–December, while 58% believe their workforce will remain unchanged, and 13% forecast an expansion of their staff.
According to the State Statistics Service, 36% of respondents reported an increase in the volume of construction work completed in the past quarter, while 27% reported a decrease.
The survey showed that 99% of Ukrainian construction companies find it quite difficult to predict future business developments.
The statistical data does not include territories temporarily occupied by the Russian Federation or parts of territories where hostilities are (or were) taking place.
Source: https://stat.gov.ua
