Prices on Baku construction market fall by one third

Azerbaijan Materials 28 February 2009 14:47 (UTC +04:00)

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Azerbaijan, Baku, Feb. 28 / Trend , U. Ismayilova/

Prices on building materials market in Baku fell by 0.8 percent in January 2009 compared to December 2008, public organization Real Estate Market Participants said. The prices fell by 35 percent compared to January 2008.

The monitoring covered 38 brands and 85 types of building materials. Prices on 29 types of building materials fell, prices on 13 types increased and prices on 43 types remained unchanged.

Construction materials	December In manat	-/+ percent	January In manat
Wood	195	-2.6	190
Run-of-quarry stone	0.55	-9.1	0.50
Glass	7.30	-4.1	7
Roofing slate	4.60	-8.7	4.20
Putty	8.80	0	8.80

Share of materials produced in Azerbaijan made up 54.1 percent.

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