Construction Price Index - 3rd Quarter 2025
Highlights
1. The Construction Price Index which stood at 145.2 in the second quarter of 2025 increased by 1.5% to reach 147.4 in the third quarter of 2025.
2. During the third quarter of 2025, increases were noted in the following sub-indices: “Hire of Plant" (2.7%) and “Materials" (2.0%).
3. The increase of 2.0% in the “Materials" sub-index is explained by:
(i) increases in prices of hardcore (1.1%), aluminium openings (8.6%), and plumbing materials (2.5%), partly offset by decreases in the prices of cement (-0.1%), steel bars (-0.4%), timber carpentry (-1.3%), and tiles and granite (-1.2%) in July 2025;
(ii) increases in the prices of timber joinery (0.2%), aluminium openings (1.2%), and laminated flooring (0.7%), partly offset by declines in the prices of steel bars (-0.2%) and sanitary installation (-3.0%) in August 2025; and
(iii) increases in the prices of cement (0.2%) and timber joinery (0.2%), offset by declines in the prices of tiles and granite (-0.2%) and paint (-0.4%). in September 2025.
21 October 2025