Cyprus construction material prices fall in May

Cyprus’ Construction Materials Price Index recorded a decrease of 1.32 per cent in May 2024, when compared to the same period from the previous year, according to a report released on Tuesday by the state’s statistical service.

Additionally, for the period of January to May 2024, the index experienced a decline of 1.81 per cent compared to the same period in 2023.

In May 2024, the index stood at 117.35 points, with 2021 acting as the base year, set at 100 points, reflecting...