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Wages of Construction Workers and Prices of Construction Materials for 3rd Quarter 2012


Information from the Statistics and Census Service (DSEC) indicated that the average daily wage of construction workers increased by 0.8% quarter-to-quarter to MOP556 in the third quarter of 2012, but that of local construction workers decreased by 0.4% to MOP671. Among the skilled & semi-skilled workers, average daily wages of welders (MOP669) and levellers (MOP666) increased by 13.3% and 10.0% respectively quarter-to-quarter; on the contrary, average daily wages of carpenters (MOP528) and painters (MOP531) decreased by 17.9% and 13.8% respectively, attributable to declining demand for these workers with the conclusion of tourism and gaming facilities. Moreover, the average daily wage of unskilled workers (MOP364) increased by 3.4% quarter-to-quarter. After discounting the effect of inflation, wage index of construction workers was 86.7 in real terms, down by 0.3% quarter-to-quarter. Meanwhile, wage index of local construction workers increased by 0.6% to 100.1 in real terms, on account of rising wage indices of electricians & electrical workers and bricklayers & plasterers. As regards construction materials, in the third quarter of 2012, the average price of spiral & round reinforcing steel bars (MOP5,570 per tonne) decreased by 6.5% quarter-to-quarter, while the prices of ordinary portland cement (MOP746 per tonne) and concrete (MOP437 per cubic metre) increased by 2.6% and 2.2% respectively. The price index of construction materials for residential buildings was 118.9, down by 1.5% quarter-to-quarter.



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