Business news from Ukraine

PRICES FOR CONSTRUCTION WORKS IN UKRAINE 6.5% UP IN 11 MONTHS

7 January , 2020  

Prices for construction and assembly work in Ukraine in January-November 2019 increased by 6.5% compared with January-November 2018, the State Statistics Service has reported.
According to statistics, since the beginning of the year prices have risen in all segments of construction. So, in residential construction the growth was 8.8%, in non-residential some 5.1%, in engineering some 5.7%.
In November 2019 from November 2018, the cost of construction work in residential construction rose by 3.8%, in engineering by 0.3%, while in non-residential construction the decrease was 1.6%.
In addition, the State Statistics Service said that in November compared with October, the cost of construction of residential buildings decreased slightly, by 0.5%, non-residential by 0.6%, while engineering structures increased by 0.4%.
According to its data, in 2018 prices for construction work in Ukraine increased by 23% compared to the previous year, while in 2017 by 13.4%.
The indicators are given without taking into account the annexed territory of Crimea and Sevastopol, as well as part of the occupied territories of Donetsk and Luhansk regions, the State Statistics Service notes.

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