UAE building materials shrink y/y in value during February

Abu Dhabi-Mubasher: The average prices of building materials in the UAE declined on an annual basis in February 2016, according to the Statistic Centre – Abu Dhabi (SCAD).

The average prices of the diesel and transport equipment segments slid 41.7% and 0.2% respectively year-on-year (y-o-y) in February 2016.

The average prices of the waterproofing products segments decreased by 19.9% y-o-y, followed by steel at 18.8%.

On a monthly basis, the average prices of the diesel and block segments retreated 14.9% and 13.8% respectively in February 2016. 

Mubasher Contribution Time: 05-Apr-2016 08:39 (GMT)