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Building Materials Prices Keeps Stable in Baku in May

Business Materials 30 June 2008 16:58 (UTC +04:00)

Azerbaijan, Baku, 30 June / Trend corr. U.Ismayilova / The prices for construction materials have increased by 0.2% in Baku as for April, the public organization 'Participants of real estate' said. From early 2008, the prices for construction materials have increased by 15.5%.

The share of materials manufactured in Azerbaijan comprises 45.2%.

The monitoring was held on 38 types and 84 differences of building materials. An increase was observed on 6 types, decrease on 1 types and stability for other 76 types of construction materials.

The rise in prices was mainly observed for run-of-quarry stone (44.4%), road metal (11.1%) and other materials.

Under the results of monitoring, the stability was caused mainly due to the increase of building material prices in Baku.

The correspondent can be contacted at:[email protected]

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