April 26, 2024

Athens News

News in English from Greece

Construction is getting more expensive, materials prices are rising

A further increase in prices for building materials in May this year was 11.4%, as there was an increase in prices for all sub-categories of materials, with “leading” electricity and diesel fuel.

In particular, the prices have gone up:

  • electricity (80.1%),
  • POL diesel (37.6%),
  • brick (21.7%),
  • fittings (18.6%),
  • copper cables (18.4%),
  • plastic pipes (14.4%),
  • parquet (12.5%),
  • construction timber (11.2%),
  • glass (9.7%),
  • built-in furniture (9.6%),
  • foam cement (9.3%),
  • concrete (9.2%),
  • wooden window frames (9.2%),
  • interior doors (9.1%),
  • aluminum frames (8.9%),
  • copper pipes (8.3%),
  • radiators (7.6%),
  • plastic, acrylic (7%),
  • marble tiles (6.8%),
  • tiles in general – floor, wall (6.2%).

According to ΕΛΣΤΑΤ, the overall price index for building materials in new residential buildings in May 2022 increased by 11.4% compared to the corresponding index in May 2021. At the same time, it showed an increase of 1.1% in May 2022 compared to April 2022.



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