Annual Change +12.65%
The Construction Materials Price Index for November 2022 stood at 133.94 points (based on 2015=100), a decrease of 0.58% compared to the previous month.
Compared to the same month last year, the index recorded an increase of 12.65%. By major product category, increases were recorded in minerals (13.25%), mineral products (13.19%), metal products (12.80%), wood products, insulation, chemicals and plastics (12.16%) and electromechanical products (11.54%).
| Table |
[TR] [TD]
Code
[/TD] [TD]Product categories
[/TD] [TD]Index November 2022 (2015=100)
[/TD] [/TD] [TD]Percentage change (%)
[/TD] [/TD] [/TR] [TR] [TD]Nov 22 / Oct 22
[/TD] [TD]Nov 22 / Nov 21
[/TD] [TD]Jan-Nov 22 / Jan-Nov 21
[/TD] [/TD] [/TR] [TR] [TD]1
[/TD] [TD]Minerals
[/TD] [TD]118,58
[/TD] [TD]0.04
[/TD] [TD]13.25
[/TD] [TD]11,63
[/TD] [/TR] [TR] [TD]11
[/TD] [TD]Aggregates
[/TD] [TD]118.17
[/TD] [TD]0.00
[/TD] [TD]15.40
[/TD] [TD]11,40
[/TD] [/TR] [TR] [TD]12
[/TD] [TD]Short
[/TD] [TD]124.48
[/TD] [TD]-0.10
[/TD] [TD]13,81
[/TD] [TD]15.23
[/TD] [/TR] [TR] [TD]13
[/TD] [TD]Stones
[/TD] [TD]111.74
[/TD] [TD]0.26
[/TD] [TD]10,82
[/TD] [TD]7,32
[/TD] [/TR] [TR] [TD]2
[/TD] [TD]Mineral products
[/TD] [TD]117,08
[/TD] [TD]
0.03
[/TD] [TD]13.19
[/TD] [TD]11,64
[/TD] [/TR] [TR] [TD]21
[/TD] [TD]Mortar Products
[/TD] [TD]112,90
[/TD] [TD]0,04
[/TD] [/TD] [TD]9,09
[/TD] [TD]8,72
[/TD] [/TD] [/TR] [TR] [TD]22
[/TD] [TD]Ceramics
[/TD] [TD]130,42
[/TD] [TD]0,00
[/TD] [TD]26,29
[/TD] [TD]20,90
[/TD] [/TD] [/TR] [TR] [TD]
3
[/TD] [TD]Wood products, insulation, chemicals and plastics
[/TD] [/TD] [TD]133.06
[/TD] [TD]0.04
[/TD] [TD]12.16
[/TD] [TD]17,68
[/TD] [/TD] [/TR] [TR] [TD]31
[/TD] [TD]Wood products
[/TD] [TD]134,37
[/TD] [TD]-0,02
[/TD] [TD]10,25
[/TD] [TD]18,28
[/TD] [/TD] [/TR] [TR] [TD]32
[/TD] [TD]Insulation materials
[/TD] [TD]107,08
[/TD] [TD]0,03
[/TD] [TD]7,39
[/TD] [TD]8,48
[/TD] [/TR] [TR] [TD]33
[/TD] [TD]Chemical products
[/TD] [TD]118,55
[/TD] [TD]0,00
[/TD] [TD]1,88
[/TD] [TD]8,20
[/TD] [/TR] [TR] [TD]34
[/TD] [TD]Plastic articles
[/TD] [TD]156,59
[/TD] [TD]0,25
[/TD] [TD]30,09
[/TD] [TD]28,38
[/TD] [/TD] [/TR] [TR] [TD]4
[/TD] [TD]Metal products
[/TD] [TD]158,32
[/TD] [TD]
-1.70
[/TD] [TD]12.80
[/TD] [TD]24,99
[/TD] [/TR] [TR] [TD]41
[/TD] [TD]Iron and steel products
[/TD] [TD]169.39
[/TD] [TD]-2,80
[/TD] [TD]10,47
[/TD] [TD]26,31
[/TD] [/TD] [/TR] [TR] [TD]42
[/TD] [TD]Aluminium and other metal products
[/TD] [/TD] [TD]143,99
[/TD] [TD]0,01
[/TD] [TD]16,56
[/TD] [TD]22,90
[/TD] [/TR] [TR] [TD]
5
[/TD] [TD]electromechanical e[/B]
[/TD] [TD]123,11
[/TD] [TD]
-0,08
[/TD] [TD]11,54
[/TD] [TD]13,22
[/TD] [/TD] [/TR] [TR] [TD]51
[/TD] [TD]Electrical Hardware
[/TD] [TD]149,80
[/TD] [TD]-0,09
[/TD] [/TD] [TD]16,45
[/TD] [TD]19,12
[/TD] [/TR] [TR] [TD]52
[/TD] [TD]Heating and cooling equipment
[/TD] [TD]91,67
[/TD] [TD]0,00
[/TD] [TD]2,57
[/TD] [TD]2,33
[/TD] [/TD] [/TR] [TR] [TD]53
[/TD] [TD]Other electromechanical equipment
[/TD] [/TD] [TD]123,84
[/TD] [TD]-0,11
[/TD] [TD]12,10
[/TD] [TD]14,33
[/TD] [/TR] [TR] [TD][/TD] [TD]
General Index
[/TD] [TD]133.94
[/TD] [TD]-0.58
[/TD] [TD]12,65
[/TD] [TD]17,75
[/TD] [/TR]
Methodological information
Definitions: The monthly Construction Materials Price Index shows the evolution of the cost of materials incurred by the contractor
Data collection: To compile the index of prices of materials used in construction, the Statistical Office obtains prices (excluding VAT) from a sample of suppliers and a sample of materials with a reference date of the 15th of each month. Data are collected by telephone, email and fax.
Method of calculation: The price indices are based on 2015, i.e. they show the change in the price of a material compared to its average price in 2015. In the base year, the twelve-month average of the price indices is 100,00. For example, if the price index of a material for a given month is 101.57, this means that the price has increased by 1.57% compared to the average price in 2015.
To compile the overall material price index, the weighted average of the individual indices for the various materials is calculated. The weights used in the weighting reflect the share of each material in the total expenditure on construction materials and are derived from the value of imports and domestic production in the base year (2015).
The index published on the Statistical Office's web portal is for all construction projects. It is a component of the Construction Cost Index, which is sent and published by the Statistical Office of the European Union (Eurostat), in accordance with the provisions of Regulation (EU) 2019/2152 on European business statistics. The Construction Cost Index refers only to new dwellings.
For more information:
Statistical Service Portal, suppository Construction
CYSTAT-DB (Database)
Predefined Tables (Excel)
Contact: Evi Kalogirou Demetriou No. Tel. Address: ekalogirou@cystat.mof.gov.cy
(MB/EXP)
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