The cost of construction has increased in Kosovo in 2022

The cost of construction has increased in Kosovo in 2022

Kosovo Statistics Agency (ASK) has released the construction cost index for the fourth quarter of 2022, which reportedly dropped to -0.6%, compared to the third quarter of 2022. According to the AKS, the largest drop was on energy -42.8% and materials -0.3%. “While, growth had in: machinery (3.9%); costs of [...]

Kosovo Statistics Agency (ASK) has released the construction cost index for the fourth quarter of 2022, which reportedly dropped to -0.6%, compared to the third quarter of 2022.

According to the AKS, the largest drop was on energy -42.8% and materials -0.3%.

“In the meantime, growth had in: machinery (3.9%); other costs (1.4 %); and salaries (0.9%). Meanwhile, compare TM4 2022, with the same pre-year period (TM4 2021), the Construction Cost Index grew by 16.7%. The index growth, mainly noted at: transport (40.4%); machinery (17.8%); materials (17.6%); other costs (12.5%); and salaries (9.6%). While the decline was noted in energy (-15.2% )”, the announcement says. /Periscopi/

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