Rebar costs in greater Buenos Aires area increase in December

The cost of rebar in the greater Buenos Aires area rose 2.2 percent in December, month-on-month, according to data released by the nation’s institute of statistics and census, Indec.

Rebar was among the main products whose cost increased the most in the general expenses category, Indec’s data showed.

According to Indec, cost of civil construction in the greater Buenos Aires area in December rose 0.8 percent, month-on- month.

Cost of materials, workforce and general expenses in the same period increased 1.3 percent, 0.6 percent and 0.2 percent, respectively, in the month-on-month analysis.