Economy category powered by

Price of construction materials dropped in August compared to last year

The Price Index of Construction Materials for August 2024 reached 117.68 units (base year 2021=100), recording a decrease of 0.08%.

By main commodity category, decreases were recorded in metallic products (-3.50%) whereas increases were observed in electromechanical products (3.72%), products of wood, insulation materials, chemicals and plastics (1.17%), minerals (0.96%) and mineral products (0.66%).

Compared to the July, the index recorded a marginal increase of 0.03%.

For the period January-August 2024, the index recorded a decrease of 1.28% compared to the corresponding period of 2023.

(Source: CNA)

Read More

AB CarVal Investments sells 3% of its shares in the Bank of Cyprus for €4.20 per share
Patsalides’ message to the banks over the risk to their image and reputation
Christodoulides: Cabinet approving purchase of 100,000 e-IDs
Accounting Refigured: The Mediterranean’s flagship event for Accounting innovation comes to Cyprus
Cyprus to present National Strategy to develop primary sector
Agriculture Ministry to tighten penalties for halloumi PDO violations
With a €40m plant in Tseri, Olympos has become a new major player in Cyprus’ Halloumi production industry
Chief scientist holds contacts in Japan to expand collaborations
Law Office Heads exchange views on judicial matters with officials from India
European Citizens' Initiative promotes active participation and empowerment