Cement prices up 31% in May y/y

In May 2023, construction materials prices increased by an average of 5% compared to May 2022. The highest increases were seen in cement and lime (+31%), paints, varnishes (+16%), and construction chemicals (+11%), according to PSB Handel S.A., a retail group.  However, prices for thermal insulation (-17%) and OSB boards, wood (-24%) experienced significant decreases. From January to May 2023, prices rose by an average of 10% compared to the same period in 2022.

Source: grupapsb.com