ECONOMY

Construction costs drop 0.3% y-o-y in August

construction-costs-drop-0-3-y-o-y-in-august

The Hellenic Statistical Authority on Friday announced an annual decrease of 0.3% in August in the overall material costs index in the construction of new residential buildings.

Compared with the corresponding index in July 2020, the overall index remained unchanged last month.

Over the last 12 months (September 2019 – August 2020) the index showed only a marginal 0.1% decline from the previous 12-month period.