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Wages of Construction Workers and Prices of Construction Materials for the 1st Quarter 2013


Information from the Statistics and Census Service (DSEC) indicated that the average daily wage of construction workers increased by 1.7% quarter-to-quarter to MOP597 in the first quarter of 2013, and that of local construction workers increased by 1.6% to MOP699. The average daily wage of skilled & semi-skilled workers (MOP604) rose by 1.5% quarter-to-quarter, but that of unskilled workers (MOP368) dropped by 2.1%. Analysed by occupation, the average daily wages of electricians & electrical workers (MOP613) and concrete formwork carpenters (MOP603) increased by 5.0% and 1.3% respectively, but that of painters (MOP522) fell by 10.5%. After discounting the effect of inflation, wage index of construction workers was 89.0 in real terms in the first quarter of 2013, down by 1.3% quarter-to-quarter. Meanwhile, wage index of local construction workers fell by 0.7% to 100.5 in real terms, on account of falling wage indices of painters and bricklayers & plasterers. As regards construction materials, in the first quarter of 2013, the average price of concrete (MOP489 per cubic metre) increased further by 3.6% quarter-to-quarter, while that of spiral & round reinforcing steel bars (MOP5,290 per tonne) declined moderately by 1.8%. The price index of construction materials for residential buildings was 119.9 in the first quarter of 2013, down slightly by 0.2% quarter-to-quarter.



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