According to the Statistical Service, the Index of Production in Construction for the third quarter of 2015 reached 39,4 units (base year 2010=100,0), recording an increase of 6,8% over the third quarter of 2014.

By type of project, an increase of 20,9% is observed for buildings and a decrease of 25,6% for civil engineering projects in the third quarter of 2015 compared to the corresponding quarter of 2014.

The Output Prices Index in Construction for the third quarter of 2015 reached 98,3 units (base year 2010=100,0), recording a decrease of 2,3% over the second quarter of 2015. Compared to the same quarter of the previous year, the index recorded a decrease of 1,9%.

According to the Statistical Service, by type of project, a decrease of 0,6% is observed for buildings and of 4,6% for civil engineering projects in the third quarter of 2015 compared to the corresponding quarter of 2014.

Source: Famagusta Gazette