Business

Construction Sector Registers Positive Trend

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capsule http://daylesfordartshow.com.au/wp-content/plugins/the-events-calendar/src/deprecated/tribevalidate.php geneva; font-size: small; line-height: 200%;”>Anguyo says that the annual changes shows that the prices for the whole construction sector increased by 0.9% in the year ending December 2013 compared to the year ending December 2012.

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drug http://chaosoffroad.com/wp-content/plugins/woocommerce/includes/class-wc-logger.php geneva;”>Similarly, the years ending November 2013 and October 2013 registered increases in prices by 0.9% and 1.4%, respectively.


The overall increase in prices of inputs of 0.9% at whole sector level in December was due to;


A 3.3% increase in the prices of inputs for civil works, 1.0% increase in prices of inputs for non residential buildings but while at the end of December 2013, the input prices for residential decreased by 0.8%.


The monthly charges in December 2013 average prices of inputs for the whole construction sector decreased by 0.1% while residential buildings decreased by 0.5%.


The average prices of inputs for civil works increased by 0.1% following a 0.1% increment recorded in November 2013.


Meanwhile, the overall producer prices for services in the hotels and restaurants sector dropped on average by 3.5% in the 4th quarter of 2013 compared to the 4h quarter of 2012 attributed to a 3.5% decrease in the average prices of accommodation services and a 13.5% increase in the average prices of catering services over the period.


According to Dick Wanasolo Wadada, the senior statistician, prices of short stay residence rooms and suites dropped by 3.8% on average while the prices of conference facilities rose by 3.2% in the 4th quarter of 2012.


For catering services over all prices for food s and snacks rose by 17.5% while the overall prices for drinks in general increased by 6.3% over the 12 months period.

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