Arab Today, arab today building material costs rises
Last Updated : GMT 02:28:27
Arab Today, arab today
Arab Today, arab today

Building material costs rises

Arab Today, arab today

Arab Today, arab today Building material costs rises

Abu Dhabi - Arabstoday

Building material prices continued to rise in Abu Dhabi in September compared to the same month a year ago as demand outstripped supply, Statistics Centre Abu Dhabi (Scad) said in its latest monthly report yesterday. The largest rise during September was recorded in transport equipment rents, which shot up 37.7 per cent on year. The next largest rise was in the prices of wire for apartments, which rose 27.1 per cent as a result of an increase in the price of electrical wire. The prices of tiles and marble rose 21.5 per cent and aggregates and sand by 21.4 per cent, the report added.However, there was a decline in the average prices of a range of building materials groups during September. These include the prices of glass, which fell by 21.3 per cent, sink stainless steel with mixer-single by 11.7 per cent and false ceiling by 4.5 per cent.However, concrete prices fell 11.9 per cent in September, compared to a month earlier. However, during the month prices of construction labour, paints, aggregates and sand rose compared to August.\"Prices of building materials are rising because of an increase in prices of building materials in the country of their origin. It may also be due to retailers increasing their prices to increase their profit margins,\" Mohammad Amerah, an Abu Dhabi-based economist, told Gulf News by telephone.\"The data shows growth in demand for building materials in the UAE,\" Amerah added.The Scad report also showed the average prices of building materials during the third quarter this year rose from the second quarter. The average prices of steel and cement increased 10.2 per cent and 8.6 per cent, respectively.Scad\'s monthly report on building materials prices report surveys the prices of 21 groups of commodities and services that represent the most important materials used in the construction industry, including cement, aggregate, sand, wood, steel, concrete and cement blocks.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today building material costs rises Arab Today, arab today building material costs rises

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today building material costs rises Arab Today, arab today building material costs rises

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday