Rebar costs in the greater Buenos Aires area in November dropped 0.6 percent, month-on-month, according to data released by the country’s statistics agency (Indec).
Indec said rebar was among the products whose cost decreased the most in November, on a month-on-month basis, within the general expenses category. According to government data, the cost of civil construction in the greater Buenos Aires area in November rose 2.2 percent, month-on-month.
Indec said cost of materials in November grew 1.5 percent, month-on-month, while the cost of workforce in the same period increased 2.6, also month-on-month. According to the local statistics agency, general expenses in November improved 3 percent, on a month-on-month basis.