• About Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ
  • Contact Us
Login | My Posts
Accountants in Cyprus
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
Accountants in Cyprus
No Result
View All Result
Home Publications Articles

Cyprus construction prices down in April

May 24, 2009
in Articles
Reading Time: 1 min read
Cyprus construction prices down in April

Source: Financial Mirror

Construction materials prices in Cyprus have been falling as metallic and electromechanical product prices decrease.

In April the price index of construction materials reached 116.52 units (base year 2005=100), recording a decrease of 0.61% over the previous month.

For the period January – April 2009, overall construction materials prices fell by 0.13% over the corresponding period of the previous year.

Within this total figure, the biggest fall was recorded by metallic products, down by 7.6%, while the biggest rise was recorded by minerals, up by 4.0%.

 

New classification

As of March 23, 2009, the price index of construction materials has adopted a revised classification of materials, a new sample of enterprises and a new base year.

The classification of materials has been updated to reflect the use of modern materials while materials of minor use have been removed.

The weight of each material over the overall index comes from the sum of its imports and local production.

The new classification required a new sample of enterprises, selected in order to ensure that the prices were representative.

The base year was changed from 2000 to 2005 and the general index has been re-calculated according to the new base year, from January 2005 to December 2008.

The apparent changes between the monthly indices of the 2000 based and the 2005 based price index of construction materials are due to the changes in the classification, the sample, the weights and, of course, the base year.

ShareTweetShare

Newsletter

Latest News

Growth of the financial services sector
News & Announcements

Cyprus government aims to further support the growth of the financial services sector

September 14, 2023

The Cyprus government aims to further support the growth of the financial services sector by further bolstering the regulatory framework,...

Read more
Cyprus as a filming location

Scheme that aims to promote Cyprus as a filming location

September 14, 2023
Deadline for Registration of Beneficial Ownership

Deadline for Registration of Beneficial Ownership Data and imposition of fines – 2023

September 5, 2023

Accountants in Cyprus is an accounting portal that consists of information in the field of finance and a network of Cyprus accounting firms and other financial service providers .

USEFUL LINKS

  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos
  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos

USEFUL LINKS

  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms
  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms

AFFILIATED SITES

logo-lawyers-in-cyprus
lawyers-malta
2022 © Accountants in Cyprus. All Rights Reserved. Developed by Wizzweb
  • About
  • Cyprus Accounting Services
  • Auditors in Cyprus
  • Cyprus VAT
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Accountants Cyprus
    • Cyprus Economy
  • Find Accountants
  • Contact Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ

© 2023 Accountant in Cyprus

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.