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Albania's Q4 construction cost index rises 4.1% y/y

Mar 4, 2024, 5:07:29 PMArticle by Genta Hodo
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March 4 (SeeNews) - Albania's construction cost index rose 4.1% year-on-year in the fourth quarter of 2023, the statistical office said on Monday.

Albania's Q4 construction cost index rises 4.1% y/y
Photo: Genta Hodo for SeeNews

The increase is chiefly attributed to growing energy expenses, which in the October-December period added 9%, followed by personnel expenses, up by 4.8% and transport, which rose 3.9%, INSTAT said in a data release.

On a quarterly comparison basis, the index increased by 0.8% in the fourth quarter of 2023.

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