The prices of construction materials in Kenya edged lower in the first quarter of 2025, driven largely by falling costs in key inputs such as steel, bitumen, and asphalt products, easing the financial pressure in the building and infrastructure sectors.
According to data released by the Kenya National Bureau of Statistics, the Construction Input Price Index fell 0.3% from the previous quarter.
Inflation in construction inputs Year-on Year slowed sharply to just 0.18% in Q1, compared to 3.56% during the same period last year.
The decline was led by a notable drop in the prices of steel and reinforcement bars, which fell 2.16% to an index value of 163.94.
The Kenyan Wall Street
The prices of construction materials in Kenya edged lower in the first quarter of 2025, driven largely by falling costs in key inputs such as steel, bitumen, and asphalt products, easing the financial pressure in the building and infrastructure sectors.
According to data released by the Kenya National Bureau of Statistics, the Construction Input Price Index fell 0.3% from the previous quarter.
Inflation in construction inputs Year-on Year slowed sharply to just 0.18% in Q1, compared to 3.56% during the same period last year.
The decline was led by a notable drop in the prices of steel and reinforcement bars, which fell 2.16% to an index value of 163.94.
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