Dubai PR Network, Online Press Release from Dubai and Middle East
 
Infrastracture, Construction & Manufacturing(Real Estate & Retail)
Filter PR by
  
SCAD Building Materials Price Report Construction Labour Costs and Diesel Price Record the Largest Annual and Monthly Falls in April 2020
 
SCAD Building Materials Price Report Construction Labour Costs and Diesel Price Record the Largest Annual and Monthly Falls in April 2020

Dubai, United Arab Emirates, May 30, 2020:   The Statistics Centre – Abu Dhabi (SCAD), a Department of Government Support entity, has issued its monthly Building Materials Price Statistics (BMPS) report for April 2020. The report covers price movements across key building materials in April 2020 compared with March 2020 and April 2019.

 

April 2020 vs March 2020


In April 2020, the average prices of cement group increased by 0.9%, concrete by 0.1% compared with March 2020. During April 2020, the average cost of construction labour dropped by 20.5%. Diesel price dropped by 8.4%, and steel by 2.7% compared with March 2020.

 

April 2020 vs April 2019


In April 2020, the average prices of natural stone increased by 6.4%, wires for small building rose by 3% and stainless steel sinks with single mixer by 2.6% compared with April 2019. The average cost of construction labour fell by 28.9%, diesel by 17.3%, and power cables by 12.2% in April 2020 compared with April 2019.

 

Building material prices statistics are important economic indicators for planning and research across sectors. They are also used to compile indices of the construction activity and in real GDP calculations.


Posted by : Dubai PR Network Editorial Team
Viewed 4880 times
PR Category : Real Estate & Retail
Posted on : Saturday, May 30, 2020  8:56:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Eltizam's advances in technology strengthen efforts to beat ...
Next Story : SRTI Park Discusses Reality, Future of Research and Developm...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Pandora ME for Every Side of You [4457-Views]
Code 11.59 by Audemars Piguet – New Tones of Elegance [4424-Views]
“CATRICE” Perfect Look for “Back to the Office” [3526-Views]
Your Guide to Choosing the Right Face Mask [3350-Views]
TishTash Eid Al-Adha Gift Guide 2020 [2767-Views]
Get Summer Ready With Magnitone London! [2722-Views]
Newest LG True Wireless Earbuds Self-clean, Sound Great With Meridian Audio [2628-Views]
Newly Launched HONOR 9A Offers Stunning Photography Anytime Anywhere [2595-Views]
Wonder Ingredients For Powerful Skincare [2505-Views]
10 Million Plastic Packaging Saved: Grohe Launches Initiative to Reduce Plastic [2239-Views]
Taste the Summer With Wild & the Moon's Latest Menu Drop! [2177-Views]
Dubai Well Poised for Growth in New Business Entities' [2169-Views]
Smash Summer Fitness Goals with 100 Workout Modes on the HONOR MagicWatch 2 [2128-Views]
Nahdi Medical Company Transforms its Financial Management with Infor [2120-Views]
Tonda 1950 Lune' [2050-Views]
Comprehensive Study of Refugee Children's Academic, Social, and Emotional Learning Outcome... [1988-Views]
The New Season of Master Maserati Programme Gets Underway [1984-Views]
70 Percent of Businesses Increase or Maintain Digital Transformation Spend Amid Pandemic, ... [1972-Views]
Six Ways LG's Puricare Air Purifiers Can Help Families Improve Air Quality at Home [1972-Views]
Alstom at Forefront of Hygiene & Safety Innovation for Transport & Mobility in a COVID-19 ... [1935-Views]
Hitachi ABB Power Grids Commences Operations [1857-Views]
Karl Lagerfeld Announces Collaboration With Designer Kenneth Ize [1845-Views]
Three UAE Students Bag Coveted Princess Diana Award for Outstanding Social Initiative [1837-Views]
Meet the #Sephorasquad Middle East Members! [1816-Views]
Honeywell Launches Innovative Cooling Technology for Electronics, Data Centers [1792-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories