Construction output grew by 9.3% in November

In November 2020, Ukrainian companies increased the construction output by 9.3% against November last year and by 0.4% against October this year, according to the State Statistics Service.

In January–November 2020, the construction output in monetary terms amounted to ₴164.2 billion, 2.8% up from the same period of 2019.

According to unadjusted data, the residential construction output dropped by 17.4%, while engineering construction output increased by 11.6%. Non-residential construction output slightly decreased, by 0.7%.

The share of new construction in the total construction output was 36.9%, repair 35.7%, reconstruction and technical re-equipment 27.4%.

In January–November 2020, a growth in the construction output against the same period of 2019 was recorded in:

• Volyn oblast — ₴1.9 billion (+4.2%);
• Donetsk oblast — ₴7.7 billion (+40.3%);
• Ivano-Frankivsk oblast — ₴3 billion (+2%);
• Kyiv oblast — ₴10.6 billion (+17.8%);
• Lviv oblast — ₴11.2 billion (+18.2%);
• Odesa oblast — ₴21.5 billion (+41.8%);
• Poltava oblast — ₴7.1 billion (+4.3%);
• Sumy oblast — ₴1.4 billion (+6.4%);
• Khmelnytskyi oblast — ₴5.1 billion (+50.7%);
• Cherkasy oblast — ₴2 billion (+14.7%);
• Chernihiv oblast — ₴2.2 billion (+31.8%).

Other oblasts reported a decline in the construction output. In Kyiv, it fell by 2.9% to ₴36.1 billion.

As GMK Center reported earlier, in 2019, Ukraine’s construction products index increased by 20% against 2018. The highest trends in the segment were recorded in non-residential and engineering construction, an increase of 27.4% and 23.3% respectively. The residential construction index was up by just 3%.