Economy category powered by

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)

News Feed

Read More

Marios Cosma: Cyprus has been and will always be an investment destination
Cyprus Integrity Forum suppoting police in fight against corruption
Industry Ministry Permanent Secretary discusses competitiveness of industry in Brussels
Average monthly earnings up 5% in Q4 2024
Minister Papanastasiou invites Qatari investors to explore opportunities in Cyprus
Maria Kyrmizi-Antoniou: We are building bridges between the public and private sector for security
Geopolitical risks, sanctions complexity and the crucial role of compliance officers
US Embassy’s Carter Wilbur: The "bad actors" and Cyprus' progress in tackling financial crime
High Commissioner Michael Tatham on the Cyprus-UK strategic cooperation to combat financial corruption
Gregory Dellas: Compliance cannot remain static... global risks require global responses