Price of construction materials up by 1.09% in the Q1 2025

The Price Index of Construction Materials recorded an increase of 1.09% for the period January-March 2025, compared to the corresponding period of 2024, according to CySTAT data.

The largest increases were recorded in mineral products and minerals (2.8% and 2.6% respectively). A 1.02% decrease was recorded in metallic products.

For March 2025, the index reached 118.81 units (base year 2021=100), recording an increase of 0.20% compared to the previous month. Compared to the same month of the previous year, the index recorded an increase of 1.38%.

By main commodity category, increases were recorded in minerals (3.90%), mineral products (3.22%), electromechanical products (1.27%) and products of wood, insulation materials, chemicals and plastics (0.79%), whereas a decrease was observed in metallic products (-1.09%).

(Source: CNA)

24/04/2025

Cyprus Business News

https://www.cbn.com.cy/article/2025/4/24/833349/price-of-construction-materials-up-by-109-in-the-q1-2025/

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