Business news from Ukraine

Business news from Ukraine

PRICES FOR CONSTRUCTION WORKS IN UKRAINE INCREASE BY 2.6% IN JANUARY-OCTOBER

14 December , 2020  

Prices for construction and installation work in Ukraine in January-October 2020 increased by 2.6% compared to January-October 2019, the State Statistics Service (Derzhstat) reported.
According to the statistics department, since the beginning of the year, prices have increased in all construction segments. Thus, in residential construction, the growth was 4.3%, non-residential – 0.5%, and engineering – 3%.
In October 2020 to October 2019, the cost of construction work in residential construction increased by 5.6%, non-residential – by 3.6%, and engineering – by 10.2%.
In addition, the State Statistics Service reported that in October compared to September, the cost of construction of residential buildings increased by 0.1%, non-residential buildings and engineering structures – by 0.3%.
According to it, in 2019, prices for construction work in Ukraine increased by 6% compared to the previous year, while in 2018 – by 23%.
The indicators are given without taking into account the annexed territory of Crimea and the city of Sevastopol, as well as part of the occupied territories of Donetsk and Luhansk regions, the State Statistics Service notes.