Q2 Tehran Construction Material Prices Rise 29 Percent YOY

The general price index of construction materials for residential units in Tehran rose 29% during the second quarter of the current Iranian year that ended on Sept. 22 compared with last year's corresponding period.
According to the Statistical Center of Iran's latest report published on its website, the index stood at 407 during the period. The figure indicates almost no change compared with the previous quarter, i.e. the first quarter of the current year, which ended on June 21. 
Q1 construction material price index stood at 406.9. 
During the four-quarter ending Sept. 22, the index grew by 49.2% compared with the previous year's corresponding period.
The category of “cement, concrete, gravel and sand” with a price growth of 13% compared with Q1 of the current year and coefficient of 14.72% gave the biggest boost to the overall index in Q2. The index for this category stood at 404.4.