Rebar costs in greater Buenos Aires area slightly increase in March

Wednesday, 22 April 2020 23:30:26 (GMT+3)   |   Sao Paulo

The cost of rebar in the greater Buenos Aires area in March slightly increased, on a month-on-month analysis, according to data released by local statistics agency Indec.

Indec said rebar costs in the greater Buenos Aires slightly rose 0.1 percent, month-on-month. Rebar was among the products whose cost increased the least within the general expenses category in March, on a month-on-month basis.

According to government data, cost of civil construction in the greater Buenos Aires area in March grew 1.4 percent, month-on-month. Cost of materials in March in the greater Buenos Aires area improved 1.2 percent, month-on-month, while cost of workforce and general expenses in the same period improved 1.6 percent, and 0.8 percent, respectively.

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