Construction material prices decline marginally in September 2024

07:44 - 21 October 2024

Economy Reporter

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)

Construction material prices decline marginally in September 2024

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