Construction Cost Index in June down by 0.04 percent
Construction Cost Index in June down by 0.04 percent
12:01, 06.08.2024

In June 2024, the Construction Cost Index (CCI) decreased by 0.04 percent compared to the previous month, the National Statistics Service (GeoStat) reported.

The change was mainly due to a 0.1 percent decrease in the prices for construction materials, which contributed -0.07 percentage points to the total index change.

Compared to June 2023 the CCI increased by 8.5 percent. The latter was largely caused by the 25.6 percent increase in average monthly nominal wages of employees in the construction sector and by the 3.8 percent increase in the prices of construction materials, which contributed 4.85 and 2.28 percentage points to the total index change, respectively.

Along with this, the Construction Cost Index posted a 17.2 percent increase compared to February 2022, the GeoStat said.

 





Economics
Construction Cost Index
Геостaт
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