Economy category powered by
Construction material prices decline marginally in September 2024
07:44 - 21 October 2024
The Price Index of construction materials index marked a marginal reduction in September. According to data released by CySTAT, the Index amounted to 117.27 units (base year 2021=100), marking a marginal drop of 0.02% year on year.
The drop was more pronounced compared with August, amounting to 0.35%.
By main commodity category, decreases were recorded in metallic products (-2.85%) whereas increases were observed in electromechanical products (3.62%), products of wood, insulation materials, chemicals and plastics (1.06%), mineral products (0.59%) and minerals (0.33%).
For the period January-September 2024, the index recorded a decrease of 1.14% compared to the corresponding period of 2023.
(Source: CNA)
News Feed
17 minutes ago Financial Services
ECB cuts key interest rate to 3.25%33 minutes ago Companies
The year’s big acquisition and merger deals shaking up Cyprus’ business scene1 hour, 30 minutes ago Current Affairs
Cyprus authorities successfully dealt with a cyberattack on government portal1 hour, 33 minutes ago Economy
Cyprus and Greece join forces to promote 'European corridors' participation1 hour, 44 minutes ago Economy
Government to examine financial measures depending on developments, Finance Minister says1 hour, 46 minutes ago Economy
Construction material prices decline marginally in September 20241 hour, 49 minutes ago Economy
Cyprus' nominal GDP exceeded €31 billion in 2023