Overall Material Costs Index in the Construction of New Residential Buildings plunges 10,1% in February

The corresponding index in February 2022 had recorded an increase of 9.0% compared with February 2021. 

The Overall Index in February 2023, compared with the corresponding index in January 2023, recorded an increase of 0.7%. The index had recorded an increase of 2.0% between February 2022 and January 2022. 

The average Index for the twelve-month period from March 2022 to February 2023, compared with the corresponding index for the twelve-month period from March 2021 to February 2022, recorded an increase of 11.4%. 

The comparison of the twelve-month average Material Costs Index in the corresponding previous twelve-month periods had recorded an increase of 5.0%.

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