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%, with non -residential prices by 0.7%, which led to an increase of 40.5%at the general prices of entry of the Construction since February 2020.
“The prices of the materials increased to the fastest monthly pace in two years in January,” said ABC’s chief economist, Anirban Basu in a statement. “This rapid climb is largely due to three factors. First, energy prices increased abruptly. Secondly, producers often increase their prices earlier this year. And third, many Buyers precipitated to buy contributions before the potential rates could come into force and this increase in demand increased prices. “
In the energy sector, monthly dirty oil prices increased by 14.8% in January. Natural gas increased by 13.7%, while the non -processed energy material process experienced a 13%increase.
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.
“Combining an increase in the demand for construction entrances and the confusion of the supply chain continues suggests that the climb of the entry price could accelerate in the first half of 2025,” he adds.
