IHS Markit, PEG report neutral construction costs

摘要

Construction costs were close to neutral in July, according to IHS Markit and the Procurement Executives Group (PEG). The headline current IHS PEG Engineering and Construction Cost Index registered 49.8 in July, up from 48.1 in June. The headline index has been below the neutral mark for last the 19 months. The materials/equipment price index increased above the neutral mark for the first time since December 2014, according to IHS Markit and PEG. The sub-index registered 50.5 in July. Out of the 12 categories, four showed decreasing,prices, two ocean freight indices, exchangers and pumps. The previous two months' price increases in steel began to show up in carbon steel pipe and alloy steel pipe.