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Prices drop for building materials in Abu Dhabi

19 June 2017
Prices drop for building materials in Abu Dhabi

The price of more than a dozen building materials in Abu Dhabi fell during the month of May.

That’s according to the capital’s Statistics Centre, which found that the average price of 16 categories, including iron, wood and natural stones, declined compared to April.

However, the cost of glass, electric cables and dyes went up during the same period.

Analysts say the price of building materials are an important indicator for planning construction activity and for the calculation of GDP.