Rebar costs in the greater Buenos Aires area in February rose 2.7 percent, month-over-month, according to data released by statistics agency Indec.
According to government data, rebar was among the products whose cost increased the least within the materials expense’s category in February, on a month-over-month analysis.
The cost of civil construction in the greater Buenos Aires area in the second month of the year increased 5 percent, month-over-month.
According to the statistics agency, the cost of materials, workforce and general expenses in February increased 4.6 percent, 4.9 percent, and 7.4 percent, respectively, all on a month-over-month basis.