TIRANA, Dec 4 /ATA/- Albania construction cost index slightly slowed down in the third quarter of 2024, data from the National Institute of Statistics (INSTAT) showed on Wednesday.
According to INSTAT, the construction cost index rose 1.6% year-on-year in the third quarter of 2024, down from 4.2% during the same period of 2023.
Compared with the same quarter of the previous year, the largest price increase is observed in the salary expenditure group by 3.2 %, followed by transport expenditures by 3.1 %, energy expenditures by 2.9 %, other expenditures by 2.0 %, and machinery expenditures by 1.5 %.
On the other hand prices of material expenditures decreased by 0.1%.
Within the material expenditures group, the index of the electric materials and communication group recorded the highest decrease by 0.3 %, followed by construction materials by 0.1 %.
On the other hand prices of hydro sanitary materials increased by 0.2 %.
/j.p/u.sh/
