ECONOMY

Construction materials costs for new homes up 7.1% in December

Construction materials costs for new homes up 7.1% in December

Construction materials for new homes were 7.1% higher in December 2021 than in the same month in the previous year, the Hellenic Statistical Authority said on Tuesday.

The biggest yearly increases were in electric energy (44.9%), diesel fuel (27.7%), steel reinforcing rods (19.3%), cupreous pipes (16.9%) and copper pipes (14.6%).

At the other end of the scale, the increases in emulsion paint (3.1%), cement (2.9%) and marble slabs (2.8) were less severe.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.