The price of construction materials for the period January-December 2015 recorded a decrease of 2,68% compared to the corresponding period of the previous year, according to data released recently by the Statistical Service of Cyprus.
The Price Index of Construction Materials for December 2015 reached 100,73 units (base year 2010=100,00), recording a decrease of 0,24% over the previous month.
The decrease of the index in 2015 over the previous year is mainly due to the decline in the prices of the following materials:
- Bitumen asphalt: -25,74%
- Asphalt concrete: -16,84%
- Building iron: -8,87%
- Air conditioning units: -7,89%
- Roofs and metallic parts for the assembly of gypsumboards and cementboards: -4,57%
- Paints and solvents: -2,78%
- Wardrobes, cupboards and benches: -2,75%
- Industrial wood: -2,73%
- Structural steel: -2,51%
- Ready-mix concrete: -1,11%
On the other hand, some materials recorded an increase in their prices compared to 2014. The most significant are:
- Lamps: 5,65%
- Sanitary ware of porcelain: 3,79%
- Aluminium doors and windows: 1,88%
- Outlets, switches, fuses and insulators: 1,80%
- Acrylic sanitary ware and other plastic bathroom products: 1,67%
Source: Famagusta Gazette
