Kenya Construction Input Price Index Fourth Quarter 2021

Abstract

Kenya National Bureau of Statistics hereby releases Construction Input Price Indices (CIPI) for the fourth quarter of 2021. The CIPI comprises of the Building Cost Indices, Civil Engineering Cost Indices and the Overall Construction Cost Indices as shown in Table 1, 2 and 3 respectively. The indices are generated from price data collected from representative sample of outlets of construction materials. The data is collected quarterly with reference to the 15th day of the mid-month of the quarter. The building cost indices increased by 0.11 percentage points from 104.12 in third quarter to 104.23 in the fourth quarter of 2021. This was mainly due to an increase in prices of steel reinforcement bars, glass, paints and roofing sheets. In the same period, the prices of cement, timber and tiles, among other products. The civil engineering cost indices increased from 108.00 in third quarter of 2021 to 108.06 in the period under review. Notably, the increase could be attributed to the marginal increase in the price of steel reinforcement bars and fuel products. The overall construction cost indices increased from 106.06 in the third quarter of 2021 to 106.12 in the fourth quarter of 2021.