Dominican Republic
News

Construction material prices trending down in Dominican Rep

Bnamericas Published: Tuesday, September 13, 2022
Construction material prices trending down in Dominican Rep

The price of steel rods used for construction in the Dominican Republic has declined 11.7% since reaching record highs in June 2021, along with other materials.

“Electrical wires are down 15%; iron angles, 33%; steel nails, 10%; metal beams, 30%; welding, 15%; mesh tubes, 20%; PVC pipes, 10%; zinc, 10%; beams, 10%," the head of the Santiago chamber of commerce and production Carlos Iglesias Rodríguez, was quoted as saying by Diario Libre.

Inflation in the Dominican Republic came in at 9.5% in May, slightly lower than in April.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Infrastructure (Dominican Republic)

Get critical information about thousands of Infrastructure projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Infrastructure

Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Grupo Socicam  (Socicam)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: R.S. Roth S.A.  (R.S. ROTH S.A.)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: Lindsayca, Inc.  (Lindsayca)
  • The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
  • Company: Alcaldía de Circasia
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: Petroelf  (Petroelf S.A.)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...