The index prepared by INDEC based on Greater Buenos Aires accumulates a variation of 8.8% so far this year.
The cost of construction slowed to 1.3% in June and accumulated a variation of 8.8% so far this year and 31% at the year -on -year level with respect to the same month last year, being below inflation, which was 1.6%.
The result of Construction cost index in Greater Buenos Aires (ICC) that the National Institute of Statistics and Census (INDEC) It is explained by an advance of 1.0% in materials, 1.4% in labor and 1.5% in general expenses.
In the section of labourthe cost of wage labor climbed 1.1% at a monthly level, while among subcontracts it did 3.2%. Between the group of materials, metal openings and bars advanced 4.4%, elevators did 2.9%, like bricks and other ceramic products.
At the far end, The cost of metal products for health and electrical installation retreated 0.7%gross wood and roofs and floors did it 0.8%, and electrical control devices (boards, switches and shots) did 1.5%.
Main variations for construction materials
In the breakdown of work items, the largest variation above June inflation were those of metal carpentry and blacksmiths, with 4.4%, followed by elevators with 2.9%and the electrical installation with 2.4%.
On the other hand, the costs of the earth movement (+1.1%), masonry (+1.1%), structure (+1.0%), sanitary and fire installation (+1.0%), wood carpentry (+0.8%) and gas installation (+0.7%).
Source: Ambito
