Business news from Ukraine

Business news from Ukraine

VOLUME OF CONSTRUCTION WORK IN UKRAINE 1% UP

22 December , 2018  

The volume of construction work carried out in Ukraine in November 2018 increased by 1% year-over-year, while this indicator in October 2018 compared to October 2017 increased by 4.8%. The report does not include data from the occupied territory of Crimea and the temporarily uncontrolled territories in Donetsk and Luhansk regions, the State Statistics Service of Ukraine said.
The volume of construction works in November 2018 compared to October 2018 grew by 0.4% (according to seasonally adjusted data, it decreased by 3.9%), whereas this indicator in October 2018 from September 2018 decreased by 5.2%.
In November 2018 compared to November 2017, the volume of work decreased in residential construction, and increased in non-residential and engineering. According to unadjusted data, the decline in residential construction was 9.3%. Non-residential construction saw a 1.2% increase. Construction of engineering structures grew by 4.8%.
In addition, according to the statistics service, the volume of construction works in the construction of residential buildings in November 2018 decreased by 11% compared to October 2018, non-residential buildings increased by 3.3%, engineering structures increased by 3.3%.
The fall in the volume of construction work in January-November 2018 compared with January-November 2017 was recorded in the city of Kyiv and 10 regions of Ukraine, in particular in Mykolaiv region (by 15.6%, to UAH 2.21 billion), Kirovohrad region (by 14.8%, to UAH 1.3 billion), Sumy region (by 12%, to UAH 1.09 billion) and Ternopil region (by 11.1%, to UAH 1.46 billion) regions.