Producer prices in construction fell 0.4% in the third quarter of 2014 compared to a year before and rose 1% compared to the previous quarter, the statistical service said recently.
Producer prices for buildings and civil engineer projects fell in the third quarter an annual 0.3% and 0.8% respectively, Cystat said in a statement on its website today.
In a separate statement Cystat said that the construction output index fell in the third quarter of 2014 to 35.7 units which is a nearly 26% decrease compared to the respective period of 2013.
Output fell in July to September 2014 an annual 28% in terms of buildings and almost 19% in terms of civil engineering projects, Cystat said today.
Source: Cyprus Mail
