Greece construction material prices rise in August

Construction material prices in Greece experienced accelerated growth in August 2026, according to data from ELSTAT. The general index for new housing construction materials rose by 5% on an annual basis, doubling the 2.5% increase recorded the previous year.

Fuel oil saw the most significant surge, increasing by 23.2%, which has placed additional pressure on transportation and overall construction activities. Other notable price hikes included bricks at 11.1%, copper pipes at 10.7%, and ready-mix concrete at 6.5%.

Additional increases were reported for reinforcing concrete (5.2%), plastic and synthetic pipes (5.1%), aluminum frames (4.9%), and parquet flooring (4.9%). Cement prices rose by 4.7%, while floor and wall tiles increased by 4.6%. On a monthly basis, the general index grew by 0.4% compared to July 2026.