Rising costs hit Cyprus construction sector with 4.7 per cent price hike

Cyprus’ construction sector recorded a modest annual growth of 0.7 per cent in production and a more noticeable rise of 4.7 per cent in output prices during the first quarter of 2026, according to the state statistical service (Cystat).

The Index of Production in Construction for the first quarter of this year reached 120.74 units, based on a reference value of 100.00 units in the base year of 2021....