9% increase in the price index of construction materials for new residential buildings

The prices of construction materials continue to move upwards. According to ELSTAT in February, the General Price Index of Construction Materials for New Residential Buildings increased by 9%, on an annual basis, compared to an increase of 0.7% when comparing the respective indices of 2021 with 2020.

9% increase in the price index of construction materials for new residential buildings

According to ELSTAT, the General Index in February 2022, compared to the index of January 2022, showed an increase of 2.0%, compared to an increase of 0.4% recorded during the comparison of the respective months of 2021.

The average index for the twelve months of March 2021 – February 2022, compared to the corresponding index for the twelve months of March 2020 – February 2021, showed an increase of 5.0%, compared to a decrease of 0.2% compared to the previous twelve months.

Source: Capital

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