Economy category powered by

Construction production index up 7.9% y-o-y in Q3 2023

08:08 - 12 January 2024

Economy Real Estate

The Index of Production in construction rose 7.9% year-on-year in the third quarter of 2023, reaching 186.29 units (base year 2015=100,00), Cystat said.

By type of project, an increase of 9.4% was observed in the buildings category and a slight decrease of 0.3% in civil engineering projects, during the same time period.

The Output Prices Index in Construction reached 137.27 units (base year 2015=100,00) in Q3 2023, recording an increase of 1.7% over the previous quarter and 6.0% compared with the same period last year.

By type of project, an increase of 1.2% was observed for buildings and 24.3% for civil engineering projects.

News Feed

Read More

The essential ingredients for Cyprus’ future as an international business and financial hub
Tourist arrivals up 7.5% in Q1, down 0.8% in March
Cyprus-Germany Business Association holds networking event in Nicosia
Makis Keravnos urges structured dialogue between EU-USA on tariffs
New era at CIBA with Vassilios Demetriades at the helm
Cabinet approves bills for national unit to implement economic sanctions
US Ambassador meets with the President of the Cyprus Olympic Committee at the Olympic House
Second-placed Cyprus among the EU members transporting most freight by sea in 2023
The profiles, HQs, assets under management and more of Plug and Play Tech Center and Tenstorrent
Punin Group launches delicious new venture: The Croissant by Punin