construction

The total area of construction works in January-March decreased by 11.1% year-on-year

Compared to February 2023, the indicator fell by 0.6%

The industry is supported by orders for the restoration of various infrastructure facilities

In 2024, market players expect the trend of increasing consumption of steel structures to continue

Growth in April is likely to lag behind last year's levels

The outlook for the sector remains bleak

Engineering structures became the driver of construction growth during this period, increasing by 32.9% y/y

The country sets new targets for carbon emissions reduction and energy saving in the construction industry

Compared to January 2023, the indicator increased by 0.1%

The economic context for the industry remains unfavorable

Compared to December 2022, the indicator increased by 2.4%

In 2025, the indicators in the industry are expected to recover – by 2% y/y