INDEXES: Inflation Rips Through Cost Indexes
| VIEW MORE ARTICLES FROM SECOND QUARTERLY COST REPORT |
| Summary: Inflation Makes Its Move |
| Cement: Price Hikes Shatter Years of Calm |
| Copper: Huge price hikes stymie subs |
| Steel: The art of negotiating price relief |
| Bridges: Dealing with steel price shock |
| Asphalt: High oil prices hit paving costs |
| Labor: Rising employment pressures costs |
| VIEW RELATED DATA |
| Builders Construction Cost Indexes |
Upward pressure on the indexes is expected to continue. Since April, the materials component of ENRs cost indexes has increased another 5.7%, pushing overall inflation measured by the BCI to 8.7%. Factory Mutual expects to see inflation tracked by its index jump to around 11% by July, up from a 2.6% rate recorded last January. The Lee Saylor materials/labor index is expected to record an inflation jump of about 8%, based on preliminary June data.
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