Output in construction up 13.15%, prices rise 3.9%

18-10-2018 In-Cyprus In-Cyprus Cool

Output in construction up 13.15%, prices rise 3.9%

Output in construction rose by an annual 13.1% in the second quarter of 2018, whereas prices rose by 3.9%, according to data released today by the Cyprus Statistical Service (Cystat).

According to Cystat, the Index of Production in Construction for the second quarter of 2018 reached 176.0 units (base year 2015=100,0), recording an increase of 13.1% compared with the respective period of 2017.

By type of project, an increase of 17.1% was observed for buildings and a decrease of 2.9% for civil engineering projects in the second quarter of 2018 compared to the...

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