Construction materials prices edged down in October

The Price Index of Construction Materials for October 2024 reached 117.18 units (base year 2021=100), recording a fall of 0.08% compared to the previous month according to the Cyprus Statistical Service.

Price index of construction materials Cyprus

Compared to the same month of the previous year, the index recorded an increase of 0.13%. By main commodity category, increases were recorded in electromechanical products (3.63%), products of wood, insulation materials, chemicals and plastics (1.17%) and mineral products (0.45%), whereas decreases were observed in metallic products (-2.12%) and minerals (-0.02%).

For the period January-October 2024, the index recorded a decrease of 1.01% compared to the corresponding period of 2023.

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