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Prices of construction materials up 14.26% in October

25/11/2022 08:11

The Price Index of Construction Materials for October 2022 recorded an increase of 14,26%, compared to the same month of the previous year.

According to the Statistical Service of Cyprus, the biggest year-over-year increases were recorded in metallic products (16,74%), minerals (13,52%), mineral products (13,39%), products of wood, insulation materials, chemicals and plastics (12,91%) and electromechanical products (11,72%).

The Index in October 2022 reached 134,72 units (base year 2015=100), recording a marginal increase of 0,12% compared to the previous month.

For the period January – October 2022, the Construction Materials Price Index recorded an increase of 18.30% compared to the corresponding period of 2021.