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Tehran Construction Material Prices Exceed 59 Percent in Q4

The category of “ironware, rebar, doors, windows and fences profile”, with a price growth of 20.4%, compared with Q3 and coefficient of 18.41% gave the biggest boost to the overall index in Q4
Tehran Construction Material Prices Exceed 59 Percent in Q4
Tehran Construction Material Prices Exceed 59 Percent in Q4

The general price index of construction materials for residential units in Tehran rose 59.7% during the fourth quarter of the last fiscal year (ended March 20, 2019), compared with the preceding year's corresponding period.
According to the Statistical Center of Iran's latest report published on its website, the index stood at 356.4 in winter. 
The figure indicates an increase of 7.7% compared with the previous quarter, which ended on Dec. 21 (autumn), when the index stood at 331.  
During the 12 months ending Q4, the index grew by 47.8% year-on-year, while in the 12 months ending Q3, it had grown by 37.3%.

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