Construction Price Index, 2nd Quarter 2025
Highlights
1. The Construction Price Index which stood at 144.3 in the first quarter of 2025 increased by 0.6% to reach 145.2 in the second quarter of 2025.
2. During the second quarter of 2025, increases were noted in the following sub-indices: “Hire of Plant" (0.1%) and “Materials" (0.9%).
3. The increase of 0.9% in the “Materials" sub-index is explained by:
(i) increases in prices of premixed mortar (1.0%), tiles and granite (1.2%), plumbing (0.1%), and electrical installation (0.4%), partly offset by lower prices of steel bars (-0.6%) and sanitary installation (-0.8%) in April 2025;
-
(ii) increases in the prices of hardcore (1.5%), cement (5.0%), aggregate (0.5%), premixed mortar (0.6%), paint (2.2%), and sanitary installation (1.1%), partly offset by declines in the prices of steel bars (-3.5%) and timber carpentry (-2.2%) in May 2025; and
-
(iii) increases in the prices of steel bars (0.2%), aluminium openings (2.1%), paint (0.6%), and sanitary installation (0.8%), partly offset by lower prices of tiles and granite (-1.1%) in June 2025.
-
22 July 2025