Press release 30/01/2003

 

CONSTRUCTION COSTS INDEX (ICCE) December 2002

CONSTRUCTION COSTS ROSE 0.2% IN DECEMBER 2002

 

With this data, the growth rate for 2002 came to 2,9%.

 

The General Index of Construction Costs in the A.C. of the Basque Country rose 0.2% in December 2002, according to Eustat data. The inter-annual variation, December 2002 in relation to December 2001, increased 2.9%, point six percent hiigher than the increase registered the previous year (2.3%).

In December raw material costs registered a 0.3% increase, while labour costs remained stable. However, in the inter-annual period, labour costs registered a 4.0% increase compared with a 2.1% increase in raw materials.

Raw materials for the subsectors "Building" and "Civil Works" continued a similar trend in December, with increases in both subsectors, although to different degrees: raw material costs for "Building" rose 0.2% and "Civil Works" went up 0.6%. However, there were more notable differences on analysing the inter-annual evolution, with a growth rate of 1.7% in relation to December 2001 for "Building" and 3.2% for "Civil Works".

Among the prices of raw materials used by the sector that increased most in December 2002 are: "Oil by-products" (5.2%), "Electric energy" (3.7%), "Lime, gypsum and plaster" (1.6%) and "Glass" (1.4%). Bearing in mind the inter-annual development in prices, "Oil by-products" (13.7%), "Metal piping" (7.8%), "Artificial cement" (7.0%), and "Accessories to used machines" (4.3%) registered the most significant increases.

 

 

 

For further information:

Euskal Estatistika Erakundea / Instituto Vasco de Estadística

C/ Donostia-San Sebastian, 1 01010 Vitoria-Gasteiz

Tel: 945-01 75 00 Fax: 945-01 75 01 E-mail: eustat@eustat.eus

Contact person: Enrique Morales Zubizarreta

Tel: 945-01 75 05 Fax: 945-01 75 01

. Press releases on the Internet: www.eustat.eus



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CONSTRUCTION COSTS ROSE 0.2%

Operation : 
Construction costs index
Código operación : 
182480
Frequency : 
Mensual
Timeframe : 
Diciembre de 2002
Last updated : 
01/30/2003
Next update : 
04/25/2019
Type of operation : 
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Permalink : 
http://en.eustat.eus/elementos/not0001976_i.html
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