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Kosovo’s construction cost index inches up y/y in Q1

Jun 7, 2024, 5:00:27 PMArticle by Genta Hodo
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June 7 (SeeNews) - Kosovo's construction cost index increased by an annual 0.7% in the first quarter of 2024, the statistical office, ASK, said on Friday.

Kosovo’s construction cost index inches up y/y in Q1
Photo: Anneli Salo on Wikimedia

The increase was primarily driven by a 9.6% increase in personnel costs, a 3.2% growth in transportation costs and 0.5% uptick in costs of materials. However, sharp decreases in the costs of energy and machinery helped contain the overall increase.

On a quarterly comparison basis, the index inched down 0.3% in the January-March period.

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