Building materials sales near double-digit drop

The Construya Index (IC), which measures the evolution of the volumes sold to the private sector of construction supplies and materials, registered a 9.2% year-on-year drop, although a seasonally adjusted monthly increase of 1.1%.

Thus, the index accumulated for the first five months of the year closed 8.4% below the same period of the previous year.

Hugo Wortman Jofré

“The demand for construction inputs remains below the levels reached in 2022. The macroeconomic instability that we are going through has a negative impact on consumer decisions, although we believe that investment in bricks continues to be one of the best alternatives for take shelter”, explained Grupo Construya.

The index measures the evolution of the volumes sold to the private sector of construction products by the companies that make up the Construya Group: ceramic bricks, portland cement, lime, long steel, aluminum carpentry, adhesives and pastes, waterproofing paints, sanitaryware, boilers and home and central heating systems, faucets and water pipes, ceramic floors and coverings.

Properties.  Procrear seeks to reduce the housing deficit and activate construction.  (José Hernández/File)

The entity is made up of Aluar División Elaborados, Grupo Dema, Later-Cer, Cerámica Quilmes and Plavicon, among other companies.

Written by Argentina News

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