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Construction Cost Index

Construction Cost Index increased in Georgia

1 min read

The FINANCIAL — National Statistics Office of Georgia published data of Construction Cost Index in Georgia (II Quarter 2020). The Construction Cost Index increased in 2020. Compared to the second quarter of last year the Construction Cost Index increased by 2.1 percent. The latter was largely caused by the increase in the prices for construction materials. This contributed points to the annual index change.  In the second quarter of 2020 the Construction Cost Index (CCI) increased by 0.7 percent compared to the previous quarter. The change was mainly due to a 3.3 percent increase in the prices for construction materials, which…

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Construction Cost Index increased in Georgia

1 min read

The FINANCIAL — National Statistics Office of Georgia published data of Construction Cost Index in Georgia (II Quarter 2020). The Construction Cost Index increased in 2020. Compared to the second quarter of last year the Construction Cost Index increased by 2.1 percent. The latter was largely caused by the increase in the prices for construction materials.…