02 / Cost chain

From the barrel to the bid

Read it top to bottom. Fuel and mill prices move first, then the products made from them, then the input indexes contractors buy against, then the prices owners pay for finished buildings and roads. When the bottom rows rise more slowly than the rows above them, contractors are absorbing part of the increase.

Change from a year earlier

Each bar is the latest reading against the same period a year before, as computed by the pipeline. Dates differ by series because agencies publish on their own schedules.

Every series in the chain