Industry Trends International

Global Construction Newsletter 2023

The following is our latest forecast of 2019 Construction (Labor & Materials) Inflation Rates & Skilled Construction hourly bill out hourly rates

Compass International 2 min read
Global Construction Newsletter 2023

The Global Construction Newsletter

RankingCountryProjected Construction (Labor & Materials) Inflation for the year 2019Skilled Construction worker (Welders, Pipefitters, Electrician etc.) hourly bill out hourly rate in US $, incl field in-directs, construction equipment & O/H & P.
1USA0.025$46 - $ $85
2China0.027$11 - $ $18
3Japan0.013$46 - $ $84
4Germany0.018$46 - $ $81
5UK0.018$41 - $ $66
6France0.016$41 - $ $65
7India0.051$7 - $ $9
8Italy0.015$41 - $ $63
9Brazil0.043$12 - $ $16
10Canada0.022$45 - $ $79
11South Korea0.018$28 - $ $44
12Australia0.025$43 - $ $57
13Russia0.046$17 - $ $27
14Spain0.023$28 - $ $41
15Mexico0.038$12 - $ $19

For additional current International & US Construction Cost Data, refer to our (7) Annual Publications:

www.compassint1stg.wpengine.com/books/

Or contact John G. McConville CCP Telephone in USA (609) 577 4505

Or email info@compassint1stg.wpengine.com

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