Construction material prices rise in Cyprus

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Construction material prices in Cyprus rose by 3.74% in September 2026 compared with the same month last year, with metal products recording the steepest increase, according to the Statistical Service.

The Construction Materials Price Index reached 123.41 points, based on 2021 as the reference year, marking a monthly increase of 0.26% compared with August.

Over the first nine months of 2026, the index rose by 2.24% compared with the corresponding period in 2025.

Metal products record biggest price increase

All major categories of construction materials recorded annual price increases in September, with metal products showing the largest rise.

The annual changes by category were as follows:

  • Metal products: 5.28%
  • Wood, insulation, chemicals and plastics: 5.06%
  • Electromechanical products: 4.08%
  • Minerals: 2.81%
  • Mineral products: 1.35%

The figures indicate that price pressures continued across the construction materials market, with metal products and materials made from wood, insulation, chemicals and plastics experiencing the strongest annual increases.


Also read: Zero VAT in Cyprus delivers smaller price cuts than expected
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