Prices down for 12 Groups of Building Materials in Abu Dhab

The Statistics Centre, Abu Dhabi (SCAD) today issued its latest monthly report on the prices of building materials in Abu Dhabi Emirate. The report presents an analysis of the movements in the prices of the key building materials during May of this year. The report covers the movement of monthly prices for building materials used in Abu Dhabi during the month of May 2013 compared to April, as well as compared with May, 2012. The dissemination of the report, which presents a wide range of price data as well as the key rising or falling groups during the specified period, is intended to serve the needs of data users in the public and private sectors for the purposes of research, planning and decision making in ways that support the construction sector, as well as related and dependent sectors. SCAD pointed out that building materials groups have seen a change in average prices in May 2013 compared with April 2013, with increases ranging between 0.1% for wood and 13.5% for aggregates and sand. Declines of 0.2% for steel were recorded. SCAD\'s report indicated that the monthly average prices for 12 groups of building materials have decreased in May 2013 compared with May 2012. The drop ranged between 1.1% for transport equipment and 15.7% for wires for residential towers. The report further detailed that the average prices of wires decreased in May 2013 compared with May 2012. Wires for residential towers accounted for the largest decrease of 15.7%, while wires for apartments and small buildings decreased by 8.9% and 7.9% respectively. The report indicated that some of the average prices of building material groups have seen an increase in May 2013 compared with May 2012. For example, the average cost of aggregates and sand rose by 7.0% in May 2013, while all items in the group recorded an increase between 5.6% and 20.0% compared with May 2012. Average prices of sanitary ware - bathroom set without accessories and sanitary ware - bathroom set with accessories increased during May 2013 by 20.5% and 10.4% respectively, while the average prices of sanitary ware - sink stainless steel with mixer-single group also increased by 3.6% compared with May 2012.