Construction Input Price Indices for Second Quarter 2025

The CIPI and inflation rates are as shown in Tables 1 and 2. Year-over-year inflation was 0.18 per cent in Q1 of 2025 and stood at 0.59 per cent in Q2 of 2025. The overall construction indices increased from 119.05 in Q1 of 2025 to 119.75 in Q2 of 2025. This rise was mainly attributed to the increase in the materials indices, which rose from 125.90 to 127.39. Notable indices that rose were those of Concrete & Asphalts, (2.86%), Cement (2.63%) and steel & Reinforcement Bars (1.52%). On the other hand, the Transport, fuels & lubricants index declined by 0.62 per cent, from 123.67 in Q1 of 2025 to 122.90 in Q2 of 2025, primarily due to a 1.62 per cent drop in fuel and lubricants indices, which fell from 129.63 to 127.53.

The labour indices remained relatively stable. However, there were marginal increases in the index of Machine/Plant Operators by 0.07 per cent to 107.24, Carpenter/Painter /Welder/Mechanic index from 112.00 to 112.17 and mason/foreman index from 110.63 in Q1 of 2025 to 110.65 in Q2 of 2025. The Equipment Indices remained unchanged, indicating price stability across all categories over the review period.