Economy category powered by

Prices in construction material rise marginally in August

The prices of construction materials in August rose only marginally both compared with the previous month of this year as well as compared with August 2022, CySTAT has announced.

According to CySTAT the Price Index of Construction Materials for August 2023 reached 134,91 units (base year 2015=100), recording a marginal decrease of 0.08% compared to the previous month.

Compared to the same month of the previous year, the index recorded an increase of 0.43%.

By main commodity category, increases were recorded in minerals (15.07%), mineral products (6.68%), products of wood, insulation materials, chemicals and plastics (2.26%) and electromechanical products (1.13%).

Prices of metallic products declined by 9.52%, CySTAT added.

(Source: CNA)

Read More

Foreign demand for halloumi is steadily growing
Wholesale trade value index drops for first time in eight quarters
Invest Cyprus promotes island at Prague event
How to be a ‘Rising Star’ at ECOMMBX
Ancoria Insurance announces new capital guaranteed fund for individuals
BIMCO President Schües: Digital solutions make a difference
What it’s like to work at Medicover Genetics
eToro secures crypto registration in Cyprus towards EU expansion
AdTech Holding Partners with 'I Have a Dream' Foundation
BrainRocket helps bring Okean Elzy to Cyprus