construction material prices cyprus

Construction Material Prices See a Dip from Last Year

In March 2024, the construction material price index in Cyprus increased by 0.21 percent, with metallic products witnessing a significant drop of 6.45 percent and wood falling by 0.59 percent compared to the previous month. Overall, the first quarter of 2024 saw a 2.05 percent decrease in material costs compared to the same period in 2023, indicating a potential easing of costs for construction projects in the country.