Building material cost index up in January


Steel prices were higher during the month, with Kota Kinabalu recording the highest increase at 2.4% followed by Johor (1.8%), Miri (1.0%), Kuching (0.5%) and Selangor, the Federal Territory of Kuala Lumpur, Melaka and Negri Sembilan (0.2%).

PETALING JAYA: The Building Materials Cost Index (BCI) with and without steel bars increased between 0.2% and 3.9% month-on-month for all building categories in January for Peninsular Malaysia.

Statistics Department chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the same trend could be seen for Sabah and Sarawak, which increased between 0.1% and 3.9%, and 0.1% and 3.4%, respectively.

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