ECONOMY

Cyprus construction costs skyrocket

Cyprus construction costs skyrocket
Thousands of workers are needed in construction as companies rush to meet the European cash deadlines.

The Price Index of Construction Materials in Cyprus went up by 21.81% in May 2022 compared to the corresponding month of 2021, and continued the upward trend that it has been on since January 2021, according to a press release by the Statistical Service of Cyprus (CyStat) on Monday.

Property Inflation

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