RAMALLAH, January 31, 2009 (WAFA)- Palestinian Central Bureau Of Statistics (PCBS) said, Thursday, that the Construction Cost Index (CCI) in the West Bank, excluding East Jerusalem declined by 0.41% in December 2008.
The overall CCI for the West Bank, excluding East Jerusalem, reached
Analysis of Construction Cost developments for December indicates decreases in the major construction cost groups. The biggest decrease was in the coat of cutting and shaping stones (-1.75%), and the smallest was in the cost of quarrying stone and sand (-0.39%).
At the same time, there were increases registered for other major groups; the highest was in wood products cost (+1.30%) and the lowest was in cement products cost (+.043%).