Panama: Prices of Building Materials

Price Indexes of Major Retail Construction Materials in the districts of Panama and San Miguelito, up to July 2013.

Friday, August 30, 2013

A statement from the Comptroller General of the Republic of Panama reads:

The Price Index of Major Retail Building Materials (IPMC), available in the districts of Panama and San Miguelito, compiled up to July 2013, showed the following behaviors:

Inter Monthly variation:

Price Indices (PI) for polarized sockets and galvanized corrugated Zinc No. 26, increased by 5.5% and 0.5%, respectively, in July 2013, compared with the previous month of the same year. By contrast, for the same period the PI of PVC plastic pipes decreased by 2.9%. The PI of other materials investigated, stayed the at same percentage of change that was recorded in June 2013.

Inter Annual Monthly:

For July of 2013 compared to the same month of 2012, PIs showing the most positive inter-monthly variation were; polarized socket outlets with 13.2%, concrete mix and sand with 13.1% and 7, 4% respectively. Likewise, PIs showed growth of 7.0% in gray cement, 4.1% in cement block No. 4, and 3.7% in No. 4 wheelbarrows. Also, Stone No. 4, Block No. 4 clay and PVC plastic pipes were up 3.1%, 2.9% and 0.8%, respectively. As for IP with negative variations, these were stranded electrical cables at 5.6% and galvanized corrugated zinc No. 26 with 2.5%. The PIs of ½ " steel rods and espave timber, both varied by 1.0%.

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Indices have been released showing the retail prices of the main construction materials in the districts of Panama and San Miguelito, up to March 2013.

A statement by the Comptroller General of the Republic of Panama reads:

Indices of Retail Prices of Major Construction Materials (IPMC by its initials in Spanish) in the districts of Panama and San Miguelito, compiled March 2013, showed the following behaviors:

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