Construction prices rise in Georgia

Read on the website Vestnik Kavkaza

According to the data of the Georgian National Statistics Service "Sakstat", the construction cost index in Georgia for October 2022 increased by 1.2% compared to September 2022.

According to the agency, the main reason for the increase in the index for the month is a 4.4% increase in salary of workers and a 0.6% increase in construction materials prices.

In October, compared to February, the index increased by 8.2%, this was due to a 4.7% rise in prices for construction materials and an increase in the workers' salary by 12.7%.