Economy category powered by

Construction material prices decline marginally in September 2024

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)

Read More

Energy Minister to meet with Nexans officials
Hope For Children organises '19 Days of Activism Against Child Abuse'
Purpose Communications presents the Top 20 PR Trends for 2025
Consulco’s London Credit Fund presents Q3 2024 results
Tourism Ministry’s Budget outlines support for sector’s businesses in 2025
Cyprus hosts general assembly of World Council of Civil Engineers
Petrolina: Platinum Sponsor of Let’s do it! Cyprus – Clean Up Cyprus campaign
Industrial output prices decline by an annual 1% in September
Costas Markides: "For those who choose to leave the UK, Cyprus is an option as it features a very competitive non-dom regime"
General Government surplus at €1.4 billion in the first nine months of 2024