Economy category powered by

Construction materials Index records annual decrease of 1.32%

08:04 - 19 June 2024

Economy Real Estate Reporter

The Price Index of Construction Materials for May 2024 recorded an annual decrease of 1.32%, according to CySTAT.

CySTAT announced that the Index recorded a marginal increase of 0.11% compared to the previous month and reached 117,35 units (base year 2021=100),

By main commodity category, decreases were recorded in metallic products (-6.68%) whereas increases were observed in electromechanical products (3.24%), minerals (1.01%), mineral products (0.49%) and products of wood, insulation materials, chemicals and plastics (0.30%).

During the January-May 2024 period, the index recorded a decrease of 1.81% compared to the corresponding period of 2023.

(Source: CNA

News Feed

Read More

Fuel sales in Cyprus decline marginally in May
Industrial production rises by an annual 8.2% in April
Economic sentiment in June improves slightly
Total loans and deposits show increase in May
Examination of third country nationals’ work permits sped up, Minister says
KEDIPES begins approvals for mortgage-to-rent eligible borrowers
Cyprus requests targeted review of its Recovery and Resilience Plan from the Commission
EIB head to inaugurate Bank’s offices in Cyprus in the Autumn
There are risks from use of illegal platforms and imitations, EUIPO official warns
Particularities of island states should be respected, Agriculture Minister says