Construction output shrank by 11.2% in January

In January 2021, Ukrainian companies reduced the construction output by 11.2% against January last year. The volume of manufactured construction products totaled ₴7.2 billion, according to the State Statistics Service.

This was 14.6% down from December.

According to unadjusted data, in January, the residential construction output dropped by 10.4% and engineering construction increased by 17.9%. The non-residential construction output decreased by 7.9%.

The share of new construction in the total construction output was 43.1%, repair 27.6%, reconstruction and technical re-equipment 29.3%.

In January 2021, a growth in the construction output against the same period of 2020 was recorded in:

• Sumy oblast — ₴88.7 million (+0.2%);
• Kharkiv oblast — ₴976.3 million (+14.9%);
• Khmelnytskyi oblast — ₴285.8 million (+128.1%).

Other oblasts reported a decline in the construction output. In Kyiv, it fell by 18.2% to ₴1.8 billion.

As reported earlier, in 2020, Ukrainian companies increased the construction output by 4% against 2019. The volume of manufactured construction products totaled ₴199 billion.

The residential construction output dropped by 18.5%, while the engineering construction output increased by 14.8%. The non-residential construction output decreased by 2.7%.