The Output Prices Index in Construction in the fourth quarter of 2021 has recorded an annual increase of 9.3%.
According to the Statistical Service of the Republic of Cyprus, the Output Prices Index in Construction for the fourth quarter of 2021 reached 121.29 units (base year 2015=100.00), recording an increase of 3,9% over the third quarter of 2021. Compared to the same
quarter of the previous year, the index increased by 9.3%.
By type of project, an increase of 9.4% was observed for buildings and of 8.9% for civil engineering projects in the fourth quarter of 2021 compared to the corresponding quarter of 2020.
For the period January-December 2021, the overall index registered an increase of 5.2% over the corresponding period of 2020. An increase of 6.4% was recorded in the index for buildings and of 1.2% in the index for civil engine
Source: Cyprus News Agency