Press release 30/07/2004

CONSTRUCTION COSTS INDEX (ICCE) JUNE 2004



Construction costs in the A.C. of the Basque Country rose 0.1% in June 2004



Over the last twelve months (June 2004 in relation to June 2003), construction costs increased by 5.5%.


The Construction Costs Index in the A.C. of the Basque Country registered a 0.1% increase in June 2004 with regard to the previous month, by which the inter-annual for this month came to 5.5%, according to EUSTAT data.



In June 2004 the cost of labour did not vary at all (0.0%), while raw material costs registered a 0.2% increase.


The sub sectors of Building and Civil Works have registered a very similar evolution, with 0.2% growth for Building in relation to the previous month and a 0.1% increase for Civil Works raw materials, i.e. point ten percent more. The inter-annual evolution for these sub sectors shows, with reference to raw materials consumed, that both also follow homogeneous trends: raw materials costs for Building and Civil Works grew 6.2% and 6.3%, respectively.


In June the highest growth in prices corresponded to raw materials consumed by Metal Piping (4.0%), Accessories for Machinery Used (2.3%), Manual Tools (1.6%), Iron and Steel (1.3%) and Artificial Cement (1.2%). Prices fell, however, for the raw materials used by Oil By Products (-4.6%), Cleaning and hygiene (-2.3%), Explosives and gases (-1.7%) and Electric Energy (-1.6%), among others.


Among the raw materials consumed by the sectors that have registered higher inflationary rates over the last twelve months are: Metal Piping (35.4%), Iron and Steel (25.2%), Asphalt Products (15.5%), Oil By-Products (13.3%) and Articles Derived from Cement (7.4%), mainly. On the other hand, inter-annual prices fell (June 2004 in relation to June 2003) for raw materials used in Worked Stone (-7.2%), Glass (-3.9%), Electric Energy (-3.0%), Office Material (-2.5%) and Plastic Piping (-0.5%).







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 0.1% in June 2004

Operation : 
Construction costs index
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182480
Frequency : 
Mensual
Timeframe : 
JUNIO DE 2004
Last updated : 
07/30/2004
Next update : 
06/26/2019
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