The Price Index of Construction Materials had a 17.1% increase in December 2021, compared to December 2020, reaching 119.66 units (base year 2015=100), according to data by the Statistical Service of Cyprus.
The largest increase, 30.17%, was recorded in metallic products. Particularly, iron and steel products had an increase of 40.45%, compared to December 2020.
An increase of 19.04% was noted in products of wood, insulation materials, chemicals and plastics. Electromechanical products had a rise of 13.02%, mineral products 5.41% and minerals 4.75%, compared to the same month of the previous year.
The yearly Price Index of construction materials rose to 112.6 units in 2021 (base year 2015=100).
For the period January-December 2021, the index recorded an increase of 10,98% compared to the corresponding period of 2020.
Source: Cyprus News Agency