Construction material prices increased by 1.4% in January, according to the Producer Index of the United States Labor Statistics Office. Non -residential prices increased by 0.9% in the same period of time.
Annually, construction prices increased by 1.3%, and non -residential prices increased by 0.7%, marking a 40.5%increase in the general prices of the entry of the entrance. Construction since February 2020.
“” Material prices increased to the fastest monthly pace in two years in January, “said the chief economist of associated builders and contractors, Anirban bases the prices of the year’s prices and the rush. of many buyers “to buy inputs before potential rates can come into force.”
In the energy sector, monthly dirty oil prices increased by 14.8% in January, with natural gas by 13.7% and non -processed energy material increasing by 13%.
Hereina [of these factors] This could continue to increase the entry prices in the coming months. Import taxes allow national producers to increase their prices, and new 25% taxes on steel and aluminum will give rise to their place. “”
He added that the “combination of augmented demand for construction entries and the confusion of the continuous supply chain suggests that the climb of the entry price could accelerate in the first half of 2025”.
