Construction expenditures fall in Azerbaijan: experts
Azerbaijan, Baku, April 13 / Trend , U. Ismayilova/
The prices on building materials fell 5.5 percent in Baku, Participants of the Estate Market public union said. The prices fell 44.6 percent compared to the same period of 2008 and 6 percent compared to the early 2009.
The public organization monitored 865 types of building material in March. The share of Azerbaijan-produced building materials made up 51.8 percent in March.
The prices on channel fell 9.5 percent, iron layers 4.6 percent, glass 3.3 percent, and nails 17.3 percent, zinc layers 1.1 percent, glue 11.1 percent and cement 33.7 percent.
The organization's experts say the sharp decrease in cement prices led to reduction in expenses and change in the structure of expenditures in the general portfolio of housing construction.
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