Portugal records 6.8% rise in construction costs in July
Construction costs for new homes in Portugal rose by 6.8% year-on-year in July.
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6.3 %
Materials increased by 6.3% and labor by 7
7.3 %
3% and labor by 7.3%, according to the National Statistics Institute
The fact
Materials increased by 6.3% and labor by 7.3%, according to the National Statistics Institute.
The rise adds pressure to an already strained housing market.
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