Construction input prices increased 0.3% in October compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices increased 0.2% for the month.
Construction input prices are up 14.6% from a year ago, while nonresidential construction input prices are 14.2% higher. On a monthly basis, input prices were up in only three of 11 subcategories.