Cyprus construction prices up 4.1% y/y in Jan-Jul

The price index of construction materials reached 126.11 units (base year 2005=100,00) in July according to the Statistical Service Cystat, recording a marginal increase of 0.02% over the previous month.
In the period January – July 2011, the index recorded an increase of 4.13% compared to the same period last year.
The biggest increase so far has been in electromechanical products, price of which rose compared with the year earlier by 8.1% in the first seven months of the year.
Metallic products rose by 6.9% and minerals rose by 4.3% in the same period.
A milder increase of 2.9% was recorded for mineral products, while a decline of 0.4% was recorded for wood, insulation materials, chemicals and plastics