The cost of construction materials in Cyprus continued to rise. According to data published by the Statistical Service on 18 August, the Construction Materials Price Index increased by 3.33% in July 2026 compared with July 2025. The index reached 123 points, with 2021 set as the base year at 100. On a monthly basis alone, from June to July 2026, prices increased by a further 0.23%.
For the January–July 2026 period, the Index rose by an average of 1.87% compared with the same period of 2025. The increase affected most major categories of construction products, although some materials became cheaper.
Which construction materials increased in price the most
During the first seven months of 2026, the most notable increase was recorded in the category of electromechanical products, up 2.69%. Prices also rose for:
- wood products, insulation, chemical and plastic materials — 2.6%;
- metal products — 2.23%;
- mineral products — 1.97%.
Among individual subcategories, electrical materials recorded the strongest increase, rising by 5.4%, followed by plastic products at 4.94% and aluminium and other metal products at 4.43%.
Iron and steel products increased in price by 1.13% over the seven-month period, binding materials by 1.74% and stone by 1.51%. Not all materials became more expensive, however. Prices for ceramic products fell by 1.34%, while heating and cooling equipment became 1.11% cheaper.
How prices changed over the year
Comparing July 2026 with July 2025, the largest increases were recorded for electrical materials (+6.61%), plastic products (+6.58%) and aluminium and other metals (+6.14%). Within the category of wood, insulation, chemical and plastic materials:
- wood products increased in price by 5.12%;
- chemical products — by 2.8%;
- insulation materials — by 1.16%.
Among metal products, iron and steel products rose in price by 4.32%, while the overall metal products category increased by 4.94%. In the mineral products group, prices for binding materials rose by 3.88%, non-metallic mineral materials by 1.56% and stone by 1.3%. Products made from binding materials increased by 1.2%, while ceramic products rose by 0.23%.
How prices for electromechanical materials changed
In the electromechanical products category, the annual increase amounted to 3.29%. Prices for other electromechanical products rose by 3.22%, while heating and cooling equipment became 1.67% cheaper.
Overall, the construction materials market in Cyprus is showing moderate but steady price growth in 2026. For those planning construction or renovation projects, the increases in the cost of electrical materials, plastics, aluminium and other metal products remain particularly noticeable.