Stable Construction Material Price in Baku in May
Azerbaijan, Baku, 9 June / Trend corr. U.Ismayilova / The Participants of real estate market reported that stability was observed in the prices of construction materials in Baku in May, the difference made up merely 0.2%. The prices of construction materials have increased by 15.5% since the very beginning of this year, against 19% in the same period in 2007.
The organization held a monitoring over 105 varieties and 48 types of construction materials, and an increase was observed in prices for 54 types, but decrease in 14 types and stability in 37 types was also observed
The share of domestically produced construction materials in the market made up 45.2%.
According to the monitoring results, price increases for the construction materials is caused by the increase in price in the world markets and increase of transport and import expenditure.
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