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Statistics Mauritius (under the aegis of the Ministry of Finance & Economic Development)
Statistics Mauritius>Construction Price Index - 1st Quarter 2013

Construction Price Index - 1st Quarter 2013


Highlights
 
 
1.                  The Construction Price Index, which stood at 108.9 as at December 2012, increased by 1.4 % or 1.5 points during the first quarter of 2013 to reach 110.4 in March 2013.
 
2.                  On a monthly basis, the index increased by 0.8% in January, 0.6% in February and decreased by 0.1% in March 2013.
 
3.                  The 0.8% increase in January 2013 was mostly due to higher wages of 2.8% following the 2013 salary compensation, higher rates for the hire of cornice and increases in the prices of timber carpentry (1.1%) and timber joinery (0.4%) partly offset by decreases in the prices of steel bars (-0.1%) and metal openings (-0.7%). In February 2013, the index went up by 0.6% mainly due to increases in the prices of cement (6.2%) and adhesive (0.9%) partly offset by a decrease of 1.7% in the prices of steel bars. The index decreased by 0.1% in March 2013 mainly as a result of a drop of 0.9% in the prices of steel bars partly offset by an increase of 0.7% in the prices of ceramic tiles
 
4.                  As a consequence of the above changes, the “Labour” sub-index increased by 2.8 % or 2.9 points in January 2013. It remained unchanged during the months of February and March 2013. The “Materials” sub-index increased slightly from 109.8 in December 2012 to 109.9 in January 2013, increased by 1.0% in February 2013 and decreased by 0.1% in March 2013.
 
5.                  The “Hire of Plant” sub index increased by 1.6% from 103.4 in December to 105.0 in January 2013 and remained unchanged up to March 2013.
 
6.                  During the first quarter of 2013 no change was registered in the “Transport” sub-index.
 
 
April 2013
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