Construction materials prices stabilise in November

The Price Index of Construction Materials for November 2024 reached 117.26 units (base year 2021=100), recording a marginal increase of 0.07% compared to the previous month, according to data published by CySTAT.

Compared to the same month of the previous year, the index recorded an increase of 0.44%.

By main commodity category, increases were recorded in electromechanical products (3.29%), products of wood, insulation materials, chemicals and plastics (1.22%), minerals (0.58%) and mineral products (0.47%), whereas decreases were observed in metallic products (-1.31%).

For the period January-November 2024, the index recorded a decrease of 0.88% compared to the corresponding period of 2023.

(Source: CNA)

Read More

The establishment of AMLA, upgraded requirements and compliance challenges for foreign businesses within the EU
Marios Cosma: Cyprus has been and will always be an investment destination
Larnaca 2030 issues open call to the city's business community
Threedium included in Top 500 fastest-growing tech companies in EMEA
Cyprus Integrity Forum suppoting police in fight against corruption
Wizz Air launching Larnaca to Barcelona route from October
Plenary amends constitution and gives right to vote to 17 year olds
Deputy Minister taking part in EU Competitiveness Council in Brussels
Industry Ministry Permanent Secretary discusses competitiveness of industry in Brussels
Average monthly earnings up 5% in Q4 2024