Kenya Construction Input Price Index First Quarter 2023

The Kenya National Bureau of Statistics hereby releases Construction Input Price Indices (CIPI) for the First quarter of 2023. The CIPI comprises of the Building Cost Indices, Civil Engineering Cost Indices and the Overall Construction Cost Indices as shown in Tables 1, 2, 3 and 4, respectively. The indices were generated from price data collected from a representative sample of outlets of construction inputs. The data is collected quarterly, with reference to the 15th day of the mid-month of the quarter. The overall construction cost index rose by 1.87 per cent between quarter 1 of 2022 and quarter 1 of 2023 as shown in Tables 1 and 2. The overall cost index rose by 0.98 per cent from 113.65 in the fourth quarter of 2022 to 114.76 in the first quarter of 2023 as shown in Table 1 and 2. During the quarter, the price of Bitumen and Reinforcement Steel, continued to rise in the quarter. Other notable increase in prices were for cement, quarry products, diesel fuel, asphalts, metal doors and windows.