1. The Construction Price Index, which stood at 111.0 as at June 2013, increased by 0.1 % or 0.1 point during the third quarter of 2013 to reach 111.1 in September 2013.
2. On a monthly basis, the index remained unchanged in July, registered an increase of 0.1% in August and remained at the same level in September 2013.
3. In July 2013, the index remained at 111.0 following an increase of 0.1% in the prices of steel bars offset by a decrease of 0.6% in the prices of plumbing. The 0.1% increase in August 2013 was mainly due to increases of 1.6% in the rate for hire of plants coupled with increases of 0.4% in the prices of both block and timber carpentry partly offset by a drop of 0.1% in the prices of steel bars. In September 2013, the index remained at the same level although an increase of 1.1% was observed in the price of sanitary installation.
4. The ‘Hire of plant” sub-index which stood at 105.8 in June 2013 remained unchanged in July, increased by 1.6% to reach 107.5 in August 2013 due to higher rates for hire of formwork for decorative column. It remained unchanged in September 2013.
5. During the third quarter of 2013 no change was registered in the “Labour” and “Transport” sub-indices.