Construction materials prices stabilise in November

The Price Index of Construction Materials for November 2024 reached 117.26 units (base year 2021=100), recording a marginal increase of 0.07% compared to the previous month, according to data published by CySTAT.

Compared to the same month of the previous year, the index recorded an increase of 0.44%.

By main commodity category, increases were recorded in electromechanical products (3.29%), products of wood, insulation materials, chemicals and plastics (1.22%), minerals (0.58%) and mineral products (0.47%), whereas decreases were observed in metallic products (-1.31%).

For the period January-November 2024, the index recorded a decrease of 0.88% compared to the corresponding period of 2023.

(Source: CNA)

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