Building input prices increased by 1.4 % in January compared to the previous month, according to the analysis of builders and contractors linked to the data of the producers’ price index in the American Labor Statistics Office. The income of non -residential construction increased by 0.9 % for this month.
Total construction input prices are 1.3 % higher than last year, while non -residential construction input prices are 0.7 % higher. Prices increased in all the sub -capacity of the three energy last month. Raw oil prices increased by 14.8 %, while the prices of natural materials and non -equipped materials increased by 13.7 % and 13.0 %, respectively.
“The prices of materials increased by the fastest monthly pace in January in January,” said Angelan Basso, ABC. “This rapid escalation is largely due to three factors. First, energy prices have increased sharply. Second, producers often raise their prices at the beginning of the year. Third, many buyers rushed to buy inputs before the potential tariffs enter into force, and this rise is in The demand paid prices up.
“Among these three factors, the definitions are the only one that can continue to pay input prices up in the coming months,” Passo said. “Import taxes allow local producers to raise their prices, and the new fees will lead to 25 % on steel and aluminum to that if they remain in place. The vast majority of contractors expect their sales to increase during the next six months, according to the ABC construction index, and the combination indicates an increase The demand for construction inputs and the ongoing supply chain confusion until the escalation of input prices may accelerate during the first half of the year 2025. “
