PETALING JAYA: The Building Materials Cost Index (BCI), without steel bars and with steel bars, continued to increase in March 2022, in line with the increase in the price of most of the building materials, said the Statistics Department.
Chief statistician Datuk Seri Mohd Uzir Mahidin said almost all building materials, such as cement, steel, sand, bricks, roofing and ceiling materials, increased in March 2022.
“The hike in steel price, for instance, was attributed to the incline in the cost of raw materials for steel producer countries,” it said in its Index For Building And Structural Works, March 2022 report yesterday. — Bernama