Index of production in construction shows annual increase of 6.5%

Date:

The Index of Production in Construction during the third quarter of 2024 reached 110.92 units (base year 2021=100.00), recording an increase of 6.5% over the third quarter of 2023.

According to the Statistical Service of Cyprus, for the period January-September 2024, the Index registered an increase of 5.2% compared to the corresponding period of 2023.

The Output Prices Index in Construction for the third quarter of 2024 reached 120.60 units (base year 2021=100.00), recording a marginal increase of 0.7% relative to the second quarter of 2024.

Compared to the same quarter of the previous year, the Index increased by 3.7%.

For the period January-September 2024, the Index registered an increase of 4.3% over the corresponding period of 2023.

Also read: What’s in store for 2025? Predictions, challenges and key events

Source: CNA

Share post:

Popular

More like this
Related

ON THIS DAY: Ruth Bader Ginsburg died aged 87 (2020)

On 18 September 2020, US Supreme Court Justice Ruth...

Heavy rain hits Aradippou, flooding streets and basements

Heavy weather affected the Aradippou area of Larnaca on...

Portugal approves pension bonus and €800m income tax cut

Portugal’s government has approved an €800 million package to...

Olympic rowers face crocodiles, but currents cause concern

The annual rowing regatta for schools in the Australian...