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Wages of construction workers and prices of construction materials for the 4th quarter of 2021


Information from the Statistics and Census Service (DSEC) indicated that the average daily wage of construction workers increased by 1.3% quarter-to-quarter to MOP799 in the fourth quarter of 2021. The average daily wages of local workers (MOP987) and non-resident workers (MOP718) went up by 1.3% and 2.7% respectively.

In terms of main occupation, the average daily wages of aluminium/glass installers (MOP805), air-conditioning mechanics (MOP868) and electricians & electrical workers (MOP841) rose by 10.4%, 5.6% and 1.4% respectively quarter-to-quarter; meanwhile, the wages of concrete formwork carpenters (MOP819), carpenters (MOP752) and painters (MOP804) fell by 3.3%, 1.5% and 0.8% respectively.

After discounting the effect of inflation, the wage index of construction workers (98.9) in the fourth quarter of 2021 went up by 2.2% quarter-to-quarter in real terms, with that of local construction workers (98.1) increasing by 3.9%. For the whole year of 2021, the average wage index of construction workers (95.4) rose by 5.1% year-on-year in real terms, and that of local construction workers (93.8) grew by 2.4%.

As regards construction materials, the average price of concrete (MOP1,068 per cubic metre) in the fourth quarter of 2021 increased by 0.7% quarter-to-quarter, while that of spiral & round reinforcing steel bars (MOP6,484 per tonne) decreased by 1.9%. The price index of construction materials for residential buildings inched up by 0.1% quarter-to-quarter to 122.5; the price indices of sand and aggregate grew by 10.6% and 7.4% respectively, whereas the price index of steel dropped by 2.7%. For the whole year of 2021, the average price index of construction materials for residential buildings (119.9) went up by 7.6% year-on-year.

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