Africa-Press – Angola. The Construction Materials Price Index (IPMC) showed a variation of 2.1% in October 2023, compared to the month of September 2023, meaning there was an increase of 0.02%, compared to registered the previous month.
According to the Quick Information Sheet, with the monthly results of the Construction Material Price Index (IPMC) for the month of October 2023 from the National Statistics Institute (INE), the year-on-year rate of change of the IPMC, from October 2023 to compared to October 2022, it stood at 14.8%.
INE says that in year-on-year variations, among the groups of construction materials, “Wood and Plywood” were those that recorded the biggest price increases, with 18.7%, followed by “Cement and Binders” with 17.4%, “ Ready-mixed Concrete” with 17.3%, “Piping and Plastic Accessories” with 16.9%.
Also included are “Steel” with 16.6%, “Crushed Stones and Marble” with 15.3%, “Sand with 15.2%, “Synthetic Products” with 14.4%, “Glass and Glass Articles” with 14.1%, “Blocks” with 10.4%, “Beams, Joists and Laths with 10.2%, and “Other synthetic products” with 7.2%, among the main ones.
The Information Sheet points out that the groups of materials that contributed most to the IPMC variation in September were “Cement and Binders” with 1.4%, “Steel” with 0.3%, followed by “Ready-mixed concrete” with 0 .2% and “Blocks” with 0.1% each.
The National Statistics Institute (INE) makes available to its users the Quick Information Sheet with the monthly results of the Construction Material Price Index (IPMC) for the month of October 2023, whose results presented cover the period from October 2022 to October 2023.
Markets and collection establishments are formal and informal, where materials intended for the construction of houses, residential and non-residential buildings, roads and other infrastructure works are sold.
The price of construction materials is an important indicator for the construction market, as it is through its variation that it is possible to identify the degree of intensity of activities in the construction sector.
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