Press release 28/05/2004

CONSTRUCTION COSTS INDEX (ICCE) APRIL 2004



Construction costs in the A.C. of the Basque Country rose 0.5% in April 2004



In the last twelve months (April 2004 over April 2003), construction costs have experienced a 4.7% increase.


The Construction Costs Index in the A.C. of the Basque Country registered a 0.5% rise in April 2004 compared to the previous month, making the inter-annual rate for the month 4.7%, according to EUSTAT data.


In April 2004, labour costs remained unchanged (0.0%), while raw material costs registered an increase of 0.8%.


The sub-sectors of Building and Civil Works registered differing evolution, with growth of 0.7% in relation to the previous month in the case of Building and a rise in raw material costs of 1.0% for Civil Works, or point three per cent higher. Inter-annual evolution of these two sub-sectors also showed different patterns: the raw material costs for Building rose by 5.1%, while raw material costs for Civil Works accumulated a 4.7% increase.


The greatest price rises in April were for the raw materials consumed in Metal piping (8.2%), Asphalt products (6.7%), Iron and steel (4.7%) and Oil by-products (3.1%). Conversely, there was a price decrease for the raw materials of Electric energy (-4.9%), Explosives and gases (-3.1%), Lime, gypsum and plaster (-2.7%) and Cleaning and hygiene material (-1.1%), among others.

Among prices of raw materials consumed by the sector to undergo the highest inflation rates over the twelve months as a whole are: Metal piping (23.6%), Iron and steel (15,8%), Oil by-products (9.0%), Asphalt products (8.2%) and Lime, gypsum and plaster (8.0%). On the other hand, reductions in inter-annual prices (April 2004 over April 2003) were registered for the raw materials of Electric energy (-8.5%), Worked stone (-5.0%), Office material (-3.4%) and Explosives and gases (-1.8%), among others.







For further information:

Euskal Estatistika-Erakundea / Instituto Vasco de Estadística
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Tel:+34-945-01 75 00 Fax:+34-945-01 75 01 E-mail: eustat@eustat.es
Contact: Enrique Morales Zubizarreta
Tel:+34-945-01 75 05 Fax:+34-945-01 75 01
Press releases on the Internet: www.eustat.es
 

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Construction costs in the A.C. of the Basque Country rose 0.5% in April 2004

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Construction costs index
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182480
Frequency : 
Mensual
Timeframe : 
ABRIL DE 2004
Last updated : 
05/28/2004
Next update : 
04/25/2019
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