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Home Automotive

They prepare proposal to cushion the impact of inflation in construction

by souhaib
January 22, 2022
in Automotive
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The 17.4% increase in prices of construction materials during 2021 (the second highest level since 2004) motivated the members of the industry value chain to meet this week to start working on a document that they will deliver to the Ministry of Economy with proposals to face the growing inflation.

“We have to organize ourselves as a private sector and tell the government: this is what we suggest so that the construction sector is not further affected, which, due to various circumstances, is still going through a bad time. We do not want to ask, we are going to propose”, said a participant in the meeting.

Regarding the price of materials, attendees were reminded that, for example, metallic structures increased by 49%, armed castles by 43%, wire and rod by 35% and rod by 31%, which has complicated to the companies participating in the chain. In addition, the price of cement could rise in the following weeks up to 20 percent.

Under the baton of the Mexican Chamber of the Construction Industry (CMIC), the organizations that joined the effort are: the National Cement Chamber, the National Association of Paint and Ink Manufacturers, the Regional Chamber of the Sand Industry, the National Council of Wood in Construction, the Mining Chamber of Mexico, the Mexican Association of Railways and the National Association of Steel Transformers, among others.

One of the points to be analyzed in the following days by managers is the relevance of making the processes of each organization more efficient, especially with regard to energy inputs.

About the meeting, which took place on Monday, the National Chamber of Consulting Companies (CNEC) wrote on its social networks that they were represented by its vice president of business chambers, Rogelio Mirazo, at the first work meeting of the industry value chain .

alejandro.delarosa@eleconomista.mx



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