Cyprus construction sector sees rise in both production and prices
Cyprus experienced an increase in both production and producer prices in the construction sector during the year 2023. The Production Index in Construction for the fourth quarter of 2023 rose to 227.99 units, marking a 9.2 per cent increase compared to the fourth quarter of 2022. The Producer Price Index in Construction for the fourth quarter of 2023 reached 138.29 units, showing a marginal increase of 0.8 per cent compared to the third quarter of 2023.
