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Price Index of Construction Works Grows by 4.3% Quarter on Quarter

Price index of construction works has increased by 4.3% quarter on quarter, mainly due to growing employment in construction sector. Averaged monthly nominal salaries rose by 13.9% and their effect on the total index constituted 3.53%.

In the reporting period prices rose by 1.3% on construction materials, by 0.5% on transportation, fuel and electricity.
Price index in construction sector rose by 1.8 year on year, as a result of growth in prices of construction materials (+7.5%), which made a 4.01% contribution to the annual growth in index. The same period recorded 8.1% downturn on salaries of workers in the construction sector.