Construction Price Index: Higher Cost Pressures in the First Quarter 2025
2 Articles
2 Articles
According to data from Statistics Mauritius, the Construction Price Index increased by 1.9% in the first quarter of 2025, reaching 144.3. After a level of 141.6 in the fourth quarter of 2024, this increase reflects continued inflation in the sector. Several sub-indices contributed to this increase. Labour prices rose by 2.1%, while prices for equipment rental increased by 0.1%. The most significant increase was for materials, which increased by …
The construction price index, which measures the evolution of costs for the construction of a single storey house, continued its upward trajectory in the first quarter of 2025. This trend is driven by significant increases in the key components of labour, materials and equipment rental, in a context marked by wage adjustments and pressures on the price of certain inputs. In January 2025, the construction price index, which measures the evolution…
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