Construction costs grew 5%.

The construction cost rose 5% in February to increase by 8.2% in the first two months of the year. In year-on-year terms, the increase reached 40.8%. According to INDEC, February’s result resulted from a 4.6% increase in the Materials chapter, a 4.9% increase in Labor and a 7.4% increase in General Expenses.

Source: Ámbito