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Mexican construction prices up for 21 consecutive months

Bnamericas Published: Friday, November 11, 2022

Although price increases of construction goods and services in Mexico registered a slight slowdown in October, the category continues on a negative trajectory. 

According to statistics office Inegi's latest producer price index report published Wednesday, the construction category registered a year-to-year increase of 11.14%, the 21st consecutive month of rises. 

In October 2021 and 2020, the increase was 15.24% and 3.50%, respectively.

Since the pandemic, distribution chains in the construction sector have been disrupted, hitting construction materials such as steel, aluminum and copper, leading to higher prices.


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