Saudi Arabia’s construction cost index rises 2.4% in April: GASTAT

RIYADH: Saudi Arabia’s Construction Cost Index rose 2.4 percent year on year in April, driven by higher equipment rental and labor costs, with both residential and non-residential sectors recording increases, official data showed.  According to the General Authority for Statistics, residential construction costs climbed 2.4 percent annually, while the non-residential sector witnessed a price rise of 2.7 percent.