At the same time, the general level of the Basic Producer Price Index (IPP) registered an increase of 5.9% in the same periodas a consequence of the rise of 1.8% in “Primary products” and 7.6% in “Manufactured products and electricity”.
In turn, this day the construction cost index in Greater Buenos Aires (ICC) stood at 6.8% per month. Of which the greatest variation was recorded by materials with 12.3%, while labor rose 1.8% and general expenses increased by 5.1%.
The ICC had an interannual variation of 58.4% last month and in the accumulated figure for the year it rose to 39.3%. As for the monthly variation by construction item, the greatest increases were recorded by: glass (+16.7%), metal carpentry and ironwork (+15.9%), painting (+15.5%), and sanitary installation and firefighting (+15.1%).
Source: Ambito
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