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Modest Increase in Construction Material Costs Despite Falling Energy Prices

Whereas power costs fell in August, development enter prices rose barely, primarily resulting from tariffs impacting metals like metal and copper. General, costs are up 2.3% yearly, and regardless of value will increase, contractors are optimistic about sustaining revenue margins over the following six months.

Key Highlights

  • Development enter costs elevated by 0.2% in August, with nonresidential inputs up 0.2% as effectively
  • Costs are 2.3% greater than a 12 months in the past, pushed by tariff-affected supplies like metal and copper
  • Power costs, together with crude petroleum and pure fuel, decreased by 2.8%, impacting general value will increase

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