Saturday, March 25, 2006

Output prices in construction rise by 11.8% in 2005

The Output Prices Index in Construction for the 4th quarter of 2005 recorded an increase of 2.27% over the 3rd quarter 2005. Compared to the same quarter in 2004, the index recorded an increase of 9.85%.

On average, in 2005 the index recorded an increase of 11.8% compared to 2004.For the component indices, in 2005 prices for Building Construction recorded a yearly increase of 12.15% while prices for Civil Engineering rose by 10,8%.

InvestinCyprus.com