Constructing supplies price index continues to rise in March 2022

KUALA LUMPUR: The Constructing Supplies Price Index (BCI), with out metal bars and with metal bars, continued to extend in March 2022, consistent with the rise within the value of a lot of the constructing supplies, mentioned the Division of Statistics Malaysia (DOSM) ).

Chief statistician Malaysia Datuk Seri Mohd Uzir Mahidin mentioned virtually all constructing supplies, similar to cement, metal, sand, bricks, roofing and ceiling supplies, elevated in March 2022.

“The hike in metal value, for example, was attributed to the incline in price of uncooked supplies for metal producing international locations. The metal costs additionally went up as a result of Russia-Ukraine warfare, as these two international locations are among the many largest metal producers on the earth. This has brought about a worldwide provide chain disruption,” the division mentioned in its Index For Constructing And Structural Works, March 2022 report as we speak.

“The BCI (with out metal bars and with metal bars) elevated for all constructing classes between 0.1 and 1.6 per cent for Peninsular Malaysia, Sabah between 0.1 and 0.9 per cent, and Sarawak between 0.1 and a couple of.6 per cent. The BCI with out metal bars for all areas in Peninsular Malaysia elevated between 0.1 and 1.0 per cent for nearly all constructing classes,” Mohd Uzir mentioned.

Constructing classes that recorded the best enhance had been five-storey and above bolstered concrete (RC) buildings (for workplaces); single storey RC buildings; two to four-storey RC buildings (flat roof); and two to four-storey RC buildings (pitched roof) in Terengganu, Kelantan, Selangor, Kuala Lumpur, Melaka, and Negeri Sembilan.

The BCI with metal bars for all areas in Peninsular Malaysia, Sabah, and Sarawak elevated between 0.1 and 1.9 per cent for nearly all constructing classes, the division mentioned.

“The very best enhance in metal was recorded in Sarawak (1.9 per cent) and adopted by Selangor, Kuala Lumpur, Melaka, Negeri Sembilan, and Johor with 1.7 per cent,” DOSM mentioned. – Bernama


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