Press release 30/05/2005

CONSTRUCTION COSTS INDEX (ICCE) APRIL 2005



Construction costs in the A.C. of the Basque Country rose 0.2% in April 2005



Over the last twelve months (April 2005 on April 2004) construction costs increased by 5.9%


The Construction Costs Index in the A.C. of the Basque Country registered a 0.2% increase in April 2005 with regard to the previous month, by which the inter-annual rate for the month came to 5.9%, according to EUSTAT data.


In April 2005 labour costs did not vary at all (0.0%), while raw material costs increased by 0.2%.


The subsectors Building and Civil Works registered a similar evolution, with a 0.2% increase on the previous month in the Building sector, and a 0.3% rise in the cost of raw materials for Civil Works. In the inter-annual evolution of these two subsectors we can confirm that both follow similar trends: raw material costs for Building rose 6.9% and for Civil Works increased 6.7%.


In April the highest growth in prices occurred for raw materials consumed by Explosives and gases (6.3%), Asphalt Products (3.7%), Cleaning and hygiene material (3.4%), Oil by-products (3.2%) and Hardware articles (2.0%), among others. On the other hand, there was a reduction in raw material prices for Electric energy (-7.8%), Structures and boilers (-1.0%), Plastic piping. Thermal insulation (-0.7%) and Iron and steel (-0.5%).


Among the raw material prices consumed by the sector that underwent higher inflation rates over the whole of the last twelve months are: Asphalt products (24.9%), Metal piping (24.3%), Oil by-products (24.2%) and Iron and steel (21.0%). In addition, there were reductions in inter-annual prices (April 2005 on April 2004) of raw materials for Glass (-3.9%), Electric energy (-1.7%) and Office material (-1.5%).







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 Gerardo Pérez Aja
Tel:+34-945-01 75 06 Fax:+34-945-01 75 01
Press releases on the Internet: www.eustat.es
Data bank: www.eustat.eus/bancopx/spanish/indice.aspx

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Construction costs in the A.C. of the Basque Country rose 0.2% in April 2005

Operation : 
Construction costs index
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182480
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Mensual
Timeframe : 
ABRIL DE 2005
Last updated : 
05/30/2005
Next update : 
04/25/2019
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