Construction Price Index – 4th Quarter 2011
Highlights

1. The Construction Price Index, which stood at 105.2 as at September 2011, increased by 0.3% or 0.3 point during the 4th quarter of 2011 to reach 105.5 in December 2011.

2. On a monthly basis, the index registered an increase of 0.2% in October 2011, remained unchanged in November 2011 and increased by 0.1% in December 2011.

3. The 0.2% increase in October 2011 was mainly due to increases of 1.8% in the prices of steel bars and 0.2% in timber carpentry partly offset by decreases of 0.7% in the rate of hire of plants, 0.1% in the prices of cement and 1.4% in the prices of ceramic tiles. In November 2011, the index remained at the same level following an increase of 0.4% in the prices of cement offset by a decrease of 2.8% in the prices of ceramic tiles. The 0.1% increase in December 2011 was the result of an increase in the prices of cement (0.7%) and timber joinery (0.5%) mitigated by decreases of 0.2% in the prices of steel bars and 0.3% in the prices of sanitary installations.

4. As a consequence of the above changes, the “Materials” sub-index increased by 0.3% from 106.0 in September 2011 to 106.3 in October 2011, remained at the same level in November 2011 and increased by 0.1% in December 2011 to reach 106.4.

5. The “Hire of Plant” sub-index which stood at 101.7 in September 2011 decreased by 0.7% in October 2011 to 101.0 and remained unchanged up to December 2011.

6. The “Labour” and “Transport” sub-indices remained unchanged during the quarter.

February 2012

More: Construction Price Index – 4th Quarter 2011

Introduction

Table 1.1: Monthly sub-indices by input category, January to December 2011

Table 1.2: Percentage change from previous month by input category, January to December 2011

Table 1.3: Percentage change from corresponding month of previous year by input category, January to December 2011

Table 1.4: Net monthly contributions of input categories to the index, January 2011 to December 2011

Table 1.5: Quarterly average of monthly indices and percentage changes by input category, 1st Quarter 2011 to 4th Quarter 2011

Table 2.1: Monthly sub-indices by work category, January to December 2011

Table 2.2: Percentage change from previous month by work category, January to December 2011

Table 2.3: Percentage change from corresponding month of previous year by work category, January 2011 to December 2011

'Table 2.4: Net monthly contributions of work categories to the index, January 2011 to December 2011

Table 2.5 Quarterly average of monthly indices and percentage changes by work category, 1st Quarter 2011 to 4th quarter 2011

Table 3.1: Construction Price Index - January 2000 to December 2011

Table 3.2: Construction Price Index - January 2000 to December 2011 (base period 2nd Qtr 2009=100)

Technical notes

Whole in PDF (761 KB)

Introduction in Word (327 KB)

Table in Excel format (77 KB)

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