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Abu Dhabi building materials prices down in April

Abu Dhabi building materials prices down in April
(Photo Credit: SCAD)

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.