Economy category powered by

Price of construction materials dropped in August compared to last year

The Price Index of Construction Materials for August 2024 reached 117.68 units (base year 2021=100), recording a decrease of 0.08%.

By main commodity category, decreases were recorded in metallic products (-3.50%) whereas increases were observed in electromechanical products (3.72%), products of wood, insulation materials, chemicals and plastics (1.17%), minerals (0.96%) and mineral products (0.66%).

Compared to the July, the index recorded a marginal increase of 0.03%.

For the period January-August 2024, the index recorded a decrease of 1.28% compared to the corresponding period of 2023.

(Source: CNA)

Read More

Christodoulides and Mitsotakis confirm political will for participation in GSI
Christodoulides expresses readiness to resume negotiations during meeting with Mitsotakis
Transport Minister travelling to Budapest for Informal EU Ministers' meeting
Cyprus President and Greek PM set to discuss electricity interconnection
Harmonised Index of Consumer Prices up 2.2% in August
Price of construction materials dropped in August compared to last year
How an old carob warehouse turned into a culture hub in Limassol’s art scene
New survey by Limassol-based Capital.com finds UAE emerging as a global tech hub for Asian talent
Decision to dismiss Auditor General signed
Sir Stelios Haji-Ioannou awards Young Entrepreneurs in Cyprus for the second year