Key findings: P0151 - Contract Price Adjustment Provisions Work Group Indices (CPAP), September 2017

Monthly changes in the CPAP indices

 

In September 2017, month-on-month percentage changes in the work group indices ranged from -1,8% for work group 148 to 5,3% for work group 162. 

 

Noteworthy changes in the results for September 2017 are as follows:

  • Work group 162: The monthly percentage increase of 5,3% reflected by this index was mainly due to an 8,4% monthly increase in SEIFSA Price of Copper 7,90mm Rod, which accounts for 45,0% of the index.
  • Work group 160: The monthly percentage increase of 4,4% reflected by this index was mainly due to an 8,4% monthly increase in SEIFSA Price of Copper 7,90mm Rod, which accounts for 35,0% of the index.
  • Work group 114: The monthly percentage increase of 4,0% reflected by this index was mainly due to a 5,2% monthly increase in the PPI for Reinforcing steel, which accounts for 75,0% of the index.
  • Work group 148: The monthly percentage decrease of 1,8% reflected by this index was mainly due to a 9,0% monthly decrease in the PPI for WC pans and bidets, which accounts for 10,0% of the index, and a 9,0% monthly decrease in the PPI for Hand wash basin, which accounts for 10,0% of the index.


Revisions to Work Groups 160, 162 and 181 in August 2017 were due to changes in SEIFSA indices for Table R: 99.7 EC Grade Rod.