PSA attributed the upward push to the quicker annual increment of 6.8 percent published in the reinforcing steel index, even as the increases for nearly every other product index have been slower than the preceding year or published a decline.
“Slower annual increases have been visible within the indices of sand and gravel at three.5 percent; concrete products, 2.4 percent; hardware, 0.7 percentage; plywood, 0.Eight percent; electric works, 0.7 percent; and plumbing furniture and accessories/waterworks, 1.7 percent,” PSA stated.
Indices that saw declines had been lumber at -0.Four percentage; G.I. Sheet, -2.7 percentage; structural metal, -3.7 percent; tileworks, -1.1 percent; doors, jambs, and metallic casements, -1.6 percent; portray works, -zero.Four percentage; and fuels and lubricants, -1.1 percent.