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Wages of construction workers and prices of construction materials for the 2nd quarter of 2022


Information from the Statistics and Census Service (DSEC) indicated that the average daily wage of construction workers increased by 1.0% quarter-to-quarter to MOP795 in the second quarter of 2022. The average daily wages of local workers (MOP976) and non-resident workers (MOP719) went up by 0.8% and 0.5% respectively.

In terms of main occupations, the average daily wages of air-conditioning mechanics (MOP973), welders (MOP850) and electricians & electrical workers (MOP863) rose by 8.0%, 3.3% and 2.3% respectively quarter-to-quarter, while the wages of bricklayers & plasterers (MOP755), concrete formwork carpenters (MOP746) and structural iron erectors (MOP766) fell by 2.8%, 2.1% and 1.6% respectively.

After discounting the effect of inflation, the real wage index of construction workers (96.2) in the second quarter of 2022 rose by 0.4% quarter-to-quarter, with that of local construction workers (96.5) decreasing by 1.2%.

As regards construction materials, average price of spiral & round reinforcing steel bars (MOP6,723 per tonne) in the second quarter of 2022 increased by 1.2% quarter-to-quarter, while that of concrete (MOP1,090 per cubic metre) decreased by 0.4%. The price index of construction materials for residential buildings rose by 1.5% quarter-to-quarter to 126.8; the price indices of emulsion paint, equipment and pipes grew by 8.9%, 4.1% and 2.2% respectively, whereas the price index of ceramic sanitary ware dropped by 1.4%.



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