Building materials’ prices down 2.0 pct in 2015

Building materials’ prices fell 2.0 pct in 2015 after a 2.4 pct decline in December, reflecting a decline in building activity and plunge in international oil prices.

Hellenic Statistical Authority, in a report released on Friday, attributed this development to a 13 pct decline in diesel oil prices, a 6.7 pct in iron, a 5.7 pct decline in steel pipes, a 4.7 pct fall in window prices, a 3.2 pct in tiles, a 2.9 pct in garage doors, a 2.5 pct in cement prices, a 2.4 pct fall in lifts and a 2.1 pct decline in interior doors. On the other hand, prices grew in electricity (0.7 pct).

The composite building materials’ price index fell 0.2 pct in December from November, while the average index in the January-December period fell 2.0 pct.