Building Material Price Index

FBoS Release No: 02, 2017
12th January 2017


The All Items Building Material Price Index (BMPI) for the December quarter of 2016 stood at 107.8. The index is compared to those of earlier periods to gauge the price movements of a representative list of Building Materials.

The All Items BMPI for the December quarter of 2016 registered an increase of 1.4 percent over the September quarter of 2016.

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Detailed sectional changes over the September quarter of 2016 are as follows:

Wood and Related Materials: +2.5%

Higher prices were recorded for rough gauged treated No. 1 framing grade, dressed treated No.1 framing grade, dressed treated No.1 dressing grade, dressed hardwood No. 1 framing grade, 4mm

Cement and Related Materials: +3.8%

Higher price were recorded for aggregate, standard concrete blocks, bond beam blocks and corner blocks.

Iron and Steel: -1.3%

Lower prices were recorded for 24 gauged standard ridge cap, ditto mild steel in concrete and blockwork, galvanized louvre frames and ditto joist hanger.

Plumbing ware: -0.2%

Lower prices were recorded for P.V.C standard gutter, P.V.C pressure pipe, P.V.C water pipe, Ditto P.V.C downpipe, Ditto P.V.C soil pipe, waste pipe 1 ½”, washer, PVC glue and taps.

Paint and Glass: -2.8%

Lower prices were recorded for timber primer, finishing coat (full gloss enamel), clear glass, obscure glass, vanish, paint brush, multipurpose thinner and no more gaps adhesives.

Floor and Wall Tiles: -5.4%

Lower prices were recorded for vinyl floor tiles, glazed ceramic wall tiles, ceramic/mosaic tiles adhesive and vinyl tiles adhesive.

Door and Window Frames: 0.0%

No price change was recorded for this division.

Electrical Products: -1.7%

Lower prices were recorded for single gang switch, single power point, tube light and fittings, tube light, light bulb, light wire, energy saving bulb, starter and 2 pin plug.

Annual 2016

The Annual Building Material Price Index (BMPI) for 2016 stood at 107.2.

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The index registered a decrease of 3.7 per cent over 2015.

Decreases were recorded in the price indices of wood & related materials (-5.2%), cements and related materials (-5.3%), iron and steel (-2.9%), plumbing ware (-6.1%), paint and glass (-0.9%), floor and wall tiles (-6.6%), door and window frames (-3.1%) and electrical products (-3.9%).

 

 

 

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For further enquiries please contact Mrs. Leba Simmons on email or telephone
331 5822 (ext. 386 239) or direct line 323 0839.

The Building Material Price Index Release for March quarter of 2017 will be available in April, 2017.