CoPI_3Qtr21

 

Highlights

1. 1.  The Construction Price Index which stood at 110.3 in the second quarter of 2021 increased by 4.8% to reach 115.6 in the third quarter of 2021.
    
2. 2.  The sub-indices “Labour" and “Hire of Plant" remained unchanged during the second quarter.
   
   
3. 3.  The “Transport" sub-index increased by 5.8%.
   
4. 
    4. The increase of 6.7% in the “Materials" sub-index was mainly due to:
5.                     (i) increases in the prices of cement (0.4%), premixed concrete (0.6%), premixed mortar (3.9%), steel bars (5.9%), timber carpentry (13.5%), timber joinery (1.7%), tiles and granite (6.3%), paint (4.9%), laminated flooring (7.6%), plumbing (3.1%), sanitary installation (2.9%) and electrical installation (6.6%) in July 2021;
6.  
7.                    (ii) increases in the prices of premixed mortar (0.4%), steel bars (3.1%), timber carpentry (11.0%), timber joinery (2.7%), tiles and granite (0.9%), laminated flooring (1.5%), plumbing (0.4%) and electrical installation (1.4%) in August 2021; and
   
                     (iii) increases in the prices of cement (4.3%), steel bars (4.3%), timber carpentry (0.6%), timber joinery (2.3%), aluminium openings (3.4%), tiles and granite (1.9%), plumbing (5.9%) and electrical installation (3.3%) in September 2021.
8. 
   

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22 October 2021​​