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

Thanos Michaelides: The German market may become equivalent to the UK's for Cyprus tourism
Eurobank Group to build care centre and independent living residences for people with disabilities
Infocredit Group receives Partner Excellence Award from HostingB2B
Shipping’s future in focus at “Maritime Cyprus 2025”
The new Starbucks store on Stavrou Avenue has opened its doors (pics)
Christodoulides showcases over 80 projects worth over €1b for the city and province of Nicosia
Cyprus achieves deployment of country's first quantum communication network
Cyprus’ EU Presidency a unique opportunity for the country, President says
ERATOSTHENES-UAE explore collaboration in Earth Observation, Space Technologies
Commission endorses positive preliminary assessment of Cyprus' €75.9m NextGenerationEU request