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11 Apr
17:04

Inflation intensifying in US nonresidential construction: economist

The latest reading on US inflation at the producer level reveals a 0.4% month-on-month increase in construction input prices, Kallanish discovers from the Associated Builders and Contractors (ABC). ABC's analysis of the Bureau of Labor Statistics’ Producer Price Index (PPI) report for March finds that an inflation trend is emerging in the building segment from direct and indirect costs.  “There has been growing evidence of resurfacing inflati…
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