Cyprus construction materials prices up 0.5% m/m in April

As if the Cyprus construction sector was not beleaguered enough, further difficulties came in April with a rise of input prices.
The price index of construction materials rose by 0.49% in April 2013 to reach 124.65 (base year 2005=100,00).
On the other hand, the index recorded a decrease of 1.51% compared with the same period of 2012 in January-April 2013.
Meanwhile, industrial turnover tumbled by 15.9% in February compared with the same month of 2012.
The manufacturing index dropped by 15.6% in the same period.
For the period January-February 2013, the turnover fell by 9.3% compared with the same period of the previous year.