Prices for construction work in Ukraine in September 2026 increased by 27.1% compared to September 2025, while the physical volume of construction over the first nine months of the year decreased by 5.1%, according to the Experts Club analytical center, citing data released by the State Statistics Service on November 9.
On a month-over-month basis, the cost of construction rose by 1.5%.
The sharpest price increase was seen in transportation infrastructure construction—up 2.4% compared to August. Prices for construction of residential buildings rose by 1.7%, and for non-residential buildings—by 1.6%.
According to Experts Club’s assessment, a significant rise in construction costs coupled with a decline in actual activity creates additional risks for the implementation of investment projects.
Rising costs may force developers to revise their budgets, postpone project completion dates, and reduce the volume of new construction.
This factor is particularly important for infrastructure restoration programs, where the amount of available funding is often determined in advance.
At the same time, the construction work price index does not mean that all materials have become more expensive at the same rate. Price trends for cement, metal, concrete, wood, glass, and other products may vary significantly.
Source: Experts Club study
