Construction output in April fell by 16.1%

In April 2020, Ukrainian companies reduced the construction output by 16.1% to 2.8% against the previous month,

according to the State Statistics Service.

In January–April, the construction output was ₴36.2 billion, 8.7% down from the same period of the previous year.

According to unadjusted data, the residential construction output dropped by 28.9%, non-residential construction output by 12.1%, engineering construction output by 12.6%.

The share of new construction in the total construction output was 45.3%, repair 27.1%, reconstruction and technical re-equipment 27.6%.

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

• Chernihiv oblast — ₴499.6 million (+38.3%);
• Rivne oblast — ₴521 million (+7.9%);
• Lviv oblast — ₴2.63 billion (+5.1%);
• Kyiv oblast — ₴2.23 billion (+4.8%);
• Ternopil oblast — ₴519.5 million (+3.5%);
• Mykolaiv oblast — ₴766.1 million (+0.3%).

Other oblasts reported a decline in the construction output. In Kyiv, it fell by 8.7% to ₴8.91 billion.

As 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%.