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consumer price index |
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| I have no faith in the Consumer Price Index numbers. Private owners, public agencies that do budgeting and design and contractors should all be aware that construction materials prices are likely to keep rising at a much faster rate than the 3-to-4-percent increase in the consumer price index (CPI) or broad producer price index (PPI) for finished goods," says AGC's Chief Economist Ken Simonson. The August Consumer Price Index and Producer Price Index reports suggest inflationary forces are tame. |
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