Figures released by the Cyprus Statistical Service show that the Price Index of Construction Materials for December 2006 reached 133.72 units (base year 2000=100.00) recording a marginal increase of 0.03% over the previous month.
For the period January – December 2006, the index recorded an increase of 4.98% over the corresponding period of the previous year.
This rise of the index over the last year is mainly due to the price increase of the following materials:
- Copper pipes: 41.1%
- Electric wire: 39.8%
- Bituminous mixtures (Bitumen Asphalt): 19.9%
- Premix: 13,4%
- Round bars of iron: origin E.U.: 9.0%
- Aluminium metallurgy products: 7.5%
- Iron metallurgy products: 7.0%
- Bricks: 6.4%
- Crushed sand: 5.5%
A decrease in the price index has been recorded in a number of materials such as:
- Plastic tubes: 4.3%
- Cement products: 1.1%