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Statistics Mauritius (under the aegis of the Ministry of Finance & Economic Development)
Statistics Mauritius>Publications>Construction Price Index - 1st Quarter 2014

Construction Price Index - 1st Quarter 2014


Highlights
 
 
1.                  The Construction Price Index, which stood at 111.5 as at December 2013, increased by 1.0 % or 1.1 points during the first quarter of 2014 to reach 112.6 in March 2014.
 
2.                  On a monthly basis, the index increased by 1.0% in January 2014 and remained unchanged up to March 2014.
 
3.                  The 1.0% increase in January 2014 was mostly due to higher wages of 3.7% following the 2014 salary compensation coupled with higher prices of electrical installation (0.6%) partly offset by lower prices of steel bars (-0.2%). In February 2014, the index remained unchanged as a result of increases of 0.5% in the prices of both cement and adhesive which were offset by a decrease of 0.9% in the prices of steel bars. The index remained at the same level in March 2014 due to an insignificant change at the overall index level despite a drop of 0.3% in the prices of steel bars.
 
4.                  As a consequence of the above changes, the “Labour” sub-index increased by 3.7% or 4.1 points in January 2014. It remained unchanged during the months of February and March 2014. The “Materials” sub-index remained at 112.4 in January 2014 as a result of higher prices of electrical installation (0.6%) partly offset by a decrease in the prices of steel bars (-0.2%). In February 2014 the sub index remained unchanged due to increases of 0.5% in the prices of both cement and adhesive which was offset by a decrease of 0.9% in the prices of steel bars. In March 2014, the sub-index decreased to 112.3 mainly as a result of a drop of 0.3% in the prices of steel bars.
 
5.                  During the first quarter of 2014 no change was registered in the “Hire of Plant” and “Transport” sub-indices.
 
 
Pdf Word Excel
 
 
 
April 2014