Insider Economy Construction materials prices climb on a four-year high

Construction materials prices climb on a four-year high

Construction material prices in March climbed on a four-year high, according to data released today by the Cyprus Statistical Service (Cystat).

The construction material prices index for March 2019 reached to 101.48 units marking a marginal increase of 0.06% compared with the previous month. This was the highest level since February 2015.

Compared with March 2019, the index rose by 1.5%.

For the period of January – March the index rose by 1.56% compared with the respective period of 2018.

The materials with the highest annual contribution were the category of products of woods, insulation materials chemicals and plastics which rose by 2.18% year on year. Metallic products rose by an annual 1.73% while Minerals climbed by 1.71%.

Electromechanical products decline by 1.22%, Cystat added.

(Cyprus News Agency)

Top Stories

Informal meeting on Cyprus scheduled for first week of March,

The informal 5+1 meeting on the Cyprus problem is scheduled to take place during the first week of March, most probably at Greentree in...

Man wanted for theft from shop (PHOTO)

Police are looking for information that could help locate an unidentified man regarding a case of theft from a shop, an offense that occurred...

UK to set out new tougher COVID border measures, PM Johnson says

British Prime Minister said the government would set out new tougher border measures later on Wednesday (January 27) , adding there were no easy...

Μeasures at airports and for flights in place until March 1st

The Μinistry of Transport announced that the Cabinet on Wednesday decided to extend the measures at airports and for flights taken to prevent the...

EU warns AstraZeneca over delay in delivering Covid-19 vaccine: “not acceptable”

Stella Kyriakides, the European Commissioner for Health and Food Safety, stated on Monday that AstraZeneca's new schedule in which the company's supply of COVID-19 vaccine would fall...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...