Abu Dhabi – Mubasher: The prices of building materials declined year-on-year in April 2017, according to a monthly report by the Statistics Centre Abu Dhabi (SCAD).
On a month-on-month basis, the largest price falls were observed in construction labour costs which declined 10.5%, followed by diesel and steel which went down 3.5% and 2.9%, respectively.
On a year-on-year basis, decreases were led by steel which sank 12.3%, followed by waterproofing products and wood at 11.0% and 10.1%, respectively.
Source:
Mubasher