The volume of construction work decreased by 12.8% in Ukraine in March compared to March 2019, whereas in February – by 3.8%.
The State Statistics Service said that the volume of construction work had reached UAH 26.1 billion since the beginning of 2020. In general, that indicator decreased by 5.5% in the first quarter.
The statistics service said that the indicator increased by 28.2% in March, compared to February (according to seasonally adjusted data, it decreased by 1.8%), while compared to January, that indicator decreased by 2.7%.
The statistics service said in March that the volume of work decreased in all sectors of construction, except for non-residential one in March 2019. Thus, according to unadjusted data, the reduction in volumes in residential construction amounted to 25%, and in the construction of engineering structures by 12.4%. The growth in work in the construction of non-residential buildings amounted to 1%.
The share of new construction to the total volume of finished construction works amounted to 46.7%, repair amounted to 25.8%, and reconstruction and technical re-equipment amounted to 27.5%.
Decrease in the volume of construction work was recorded in 13 regions, in particular in Kirovohrad (by 50.5%, to UAH 219.3 million), Odesa (by 27.8%, to UAH 1.51 billion) and Zhytomyr (by 20.2%, to UAH 267.6 million) in January-March.
The largest growth in construction work was recorded in Chernihiv (by 22.9%, to UAH 339.2 million), Lviv (by 15.4%, to UAH 2.03 billion) and Rivne (by 12%, to UAH 356.5 million) regions in the first quarter. In Kyiv, the volume of construction work performed during that period decreased by 8.3% and amounted to UAH 6.46 billion.
The statistical data are given excluding the occupied territory of Crimea and the temporarily occupied territories in Donetsk and Luhansk regions. (Open4Business/Business World Magazine)
