Prices of construction materials continued in March 2022 the upward trend of the last 14 months, with the relevant index increasing by 19.08% compared to the corresponding month of 2021.
According to a Cyprus Statistical Services press release, the Price Index of Construction Materials for March 2022 reached 125.65 units (base year 2015=100), recording an increase of 2.22% compared to the previous month. Compared to the same month of the previous year, the index recorded an increase of 19.08%.
By main commodity category, increases were recorded in metallic products (31.60%), products of wood, insulation materials, chemicals and plastics (20.87%), electromechanical products (14.79%), minerals (7.38%) and mineral products (6.68%).
Source: Cyprus News agency