In December, prices of construction materials remained stable
The prices in the building materials market in December remained unchanged. Passivity in the building materials market is conditioned with low purchasing power of citizens. The share of manufactured goods in the local market was, like last month's 53.5%, and imports - 46.5%. In general, in 2012, the building materials market was observed following dynamics: prices fell 0.3% in January, 1.4% in March, 1.8% in May, 0.3% in July, and 2.3% in November. Increase in prices was observed in June - 0.5% and in September - 1.6%. During the other months, prices remained stable.
Last year the general prices of construction materials rose by 1.2%. The highest increase in prices was observed in valves - 1.8%, cubes - 2.8%, roofing - 1.7%, glass - 1.2%, boards - 8.7%, wood panels - 4.4%, emulsion and paint - 4.3%, gypsum boards - 1%, and plastic tubes - 2.4%, while construction sand fell by 5.3%.
Experts explain the passivity and lower prices for the building materials market in December with the New Year. Due to these factors, there was increase in the number of local and imported materials. In the coming days it is expected that prices will remain stable, while the market activity will most probably decrease slightly.
-
- Telecomnews
- 17 January 2013 06:25
-
- Markets Review
- 17 January 2013 10:25
Economics
-
Natural gas prices in Europe surged to their highest level since October 2023 on Friday, reflecting expectations of increased demand due to an impending cold spell in the region.
-
U.S. President Donald Trump’s proposed energy and trade policies could lead to a prolonged decline in global oil and gas prices, potentially triggering economic instability in Azerbaijan from 2026 onward, unless significant structural reforms are implemented, economist Gubad Ibadoglu warned in a recent analysis.
-
Azerbaijan has taken a step toward diversifying its agricultural sector by launching the country’s first commercial banana production, with local producer Fruitland introducing tropical fruits to the domestic market.
-
Azerbaijan, Georgia, Turkey, and Bulgaria have agreed on the draft text of a memorandum of understanding in the field of green energy transmission, marking a significant step in the development of sustainable energy ties in the region. The document aims to expand energy exchange between the countries and establish a legal framework for the Green Energy Corridor project.
Leave a review