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ENR > Business & Labor > Inflation Rate Triples Last Year's Pace

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Inflation Rate Triples Last Year's Pace

Publication Date: 27-SEP-04
Author: Tim Grogan
Price: $4.95
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Description
Preliminary data indicate that inflation has not yet peaked, with several indexes already breaching the double-digit barrier. ENR’s Building Cost Index rose from a 9.0% annual rate in July to 10.4% in September. Marshall & Swift predicts inflation tracked by its index will climb from 10.4% in July to 11.5% by October, while Boeckh sees its index going from 6.2% to 8.5% during the same ...

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