In June 2025, Georgia’s Construction Cost Index (CCI) rose by 1.1% compared to May, and by 6.1% year-on-year, according to recent data.

The monthly increase was primarily driven by a 4.8% rise in average nominal wages in the construction sector, contributing 1.15 percentage points to the total monthly CCI growth.

On an annual basis, the CCI increase was largely attributed to:

• A 23.5% surge in construction sector wages, contributing 4.85 percentage points, and

• A 2.1% increase in construction material prices, adding 1.25 percentage points to the overall change.

Segment-specific breakdown for June 2025:

• Residential construction: ↓ 0.6% monthly | ↑ 7.4% annually

• Non-residential construction: ↑ 7.8% monthly | ↑ 11.7% annually

• Civil engineering: ↑ 0.4% monthly | ↑ 2.9% annually

Since February 2022, the Construction Cost Index has risen by 24.4%, reflecting continued upward pressure in the sector.