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Uzbekistan reveals changes in prices of construction materials for 9M2021

Uzbekistan Materials 2 November 2021 11:13 (UTC +04:00)
Uzbekistan reveals changes in prices of construction materials for 9M2021

BAKU, Azerbaijan, Nov 2

By Natavan Rzayeva - Trend:

The prices on construction materials in Uzbekistan have risen in the period from January through September 2021, Trend reports via the State Statistics Committee of Uzbekistan.

At the same time, in many countries, due to the surge in construction activity, the prices of construction materials have risen sharply. For example, global demand for steel is outstripping supply and there are reports of shortages of other key materials in major markets such as wood.

Prices for construction materials in Uzbekistan from January through September 2021 in comparison with the same period of 2020 increased on average by 4.6 percent.

On the contrary, the price of cement in the country is declining, which is mainly due to a significant increase in production from January through August of 2021 (18.2 percent over the same period of 2020).

In addition, From January through September 2021, the growth rate of construction work amounted to 4.5 percent was observed, which is lower than the indicators for the same period of 2020 - 8.6 percent, as well as 2019 - 24.2 percent.

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