Macedonian construction prices drop 2.4%

7 December 2015

Overall construction prices on the Macedonian market dropped 2.4 percent y-o-y in Q3, according to the state statistical office (SSA). Construction material prices fell by 4.3 percent in the three-month period, while wages were up 2.8 percent.

Prices in the hospitality sector, remained steady in November compared to October, reporting a 0.7-percent increase y-o-y, according to SSA. Between January and November, prices in the hospitality sector grew by 0.4 percent y-o-y.

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