The cost of rebar in the greater Buenos Aires area slightly rose 0.2 percent in March, month-on-month, according to data released by the nation’s institute of statistics and census, Indec.
Indec’s data indicated rebar was among the main products whose cost declined, or increased the least, in the general expenses category.
According to Indec, civil construction costs in the greater Buenos Aires area in March increased 1.1 percent, month-on-month. Cost of materials, workforce and general expenses in the third month of the year grew 2, 0.1 and 3.6 percent, respectively, month-on-month.
As for the year-on-year analysis, civil construction, cost of materials, workforce and general expenses in March rose 32.7, 21, 38.1 and 52.6 percent, year-on-year, respectively.