These four materials had the largest increases in their prices according to the National Institute of Statistics and Census of the Controller General of the Republic.
"The increases are attributed to the high prices of oil and its derivatives, to the economic crisis affecting some countries and the high demand for some commodities", reported Prensa.com.
Other materials which reported price increases were stranded electric cable (5.9%), concrete blocks (3.5%), gray cement (2.1%) and outlets for polarized boxes (1.5%).
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The Guatemalan PreCon Group has opened its production plant at km 17.5 on the road to Leon.
Investment in new plant was $2 million, and the production area is 1,400 square meters.
An article in Trincheraonline.com reports that "The products that will be marketed in Nicaragua are building materials such as blocks, ‘Blocón’ system, paving stones, curb stones and slabs or beam with with LK moldsh."
Some 13 products, including sand, steel rods and the stone became more expensive by up to 18% in December.
The prices of various building materials went up 18%, reveal official statistics of Panama.
In Panama and San Miguelito, the retail prices of 13 products went up in December, according to the National Institute of Statistics and Census of the Controller General of the Republic.
Sand, concrete, wood and cement, are some of the building materials which continue to show an upward trend, of up to 7%, compared to the previous year.
From a report issued by the National Statistics and Census (INEC):
Comments on the Indices of Retail Prices of Major Building Materials (IPMC), available in the districts of Panama and San Miguelito: February 2015
Prices for cement, plastic pipes and stone reported the largest increase.
From a statement issued by the Comptroller General of the Republic of Panama:
Retail Prices Indices of the Main Construction Materials (IPMC), available in the districts of Panama and San Miguelito, compiled until January 2014, showed the following behaviors: