The Index of Production in Construction during the second quarter of 2021 reached 195.7 units (base year 2015=100,0), recording an increase of 26.2% over the second quarter of 2020, according to a press release by the Statistical Service of Cyprus
By type of project, an increase of 26.0% was observed for buildings and of 27.6% for civil engineering projects in the second quarter of 2021 compared to the corresponding quarter of 2020.
At the same time the Output Prices Index in Construction for the second quarter of 2021 reached 114.44 units (base year 2015=100,00), recording an increase of 0.9% over the first quarter of 2021. Compared to the same quarter of the previous year, the index increased by 5.4%.
By type of project, an increase of 5.5% was observed for buildings and of 5.2% for civil engineering projects in the second quarter of 2021
Source: Cyprus News Agency