Abu Dhabi’s construction cost stabilises in Q1
- Date: 09-Jul-2020
- Source: Mubasher
- Sector:Real Estate
- Country:UAE
Abu Dhabi’s construction cost stabilises in Q1
UAE - Mubasher: The Abu Dhabi Construction Cost Index (CCI) remained unchanged in the first quarter (Q1) of 2020, compared with Q1-19, as the index maintained its reading at 98.
On a quarterly basis, the index decreased by 0.4% from its level in Q4-19, as shown by recent data from the Statistics Centre – Abu Dhabi (SCAD).
The Construction Cost Index (CCI) is an important statistical indicator for the purposes of planning and research in various disciplines, according to SCAD.
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