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Statistics Centre Abu Dhabi: Construction Cost Index prices stable in 2020

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Statistics Centre Abu Dhabi: Construction Cost Index prices stable in 2020

timestampJul 11, 2020 authorAlShorts Web Desk

Figures by Statistics Centre - Abu Dhabi (SCAD) show that Construction Cost Index (CCI) was stable in 2020 first quarter, standing at 98%. Prices of ‘Manpower’ group fell by 2.8% in 2020 Q1 as compared to 2019 Q1. Producer Price Index (PPI) rose by 1.9% from 76.3% in 2019 Q1. UAE’s overall GDP has estimated grown by 1.7% in 2019, with the hydrocarbon sector growing nearly 3.4% in 2019.

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