Press release 04/27/2006

CONSTRUCTION COSTS INDEX (ICCE) MARCH 2006



Construction costs in the A.C. of the Basque Country rose by 0.3% in March 2006



Over the last twelve months (March 2006 on March 2005) construction costs increased by 2.9%


The Construction Costs Index in the A.C. of the Basque Country registered a 0.3% increase in March 2006 with regard to the previous month, by which the inter-annual rate for the month came to 2.9%, according to EUSTAT data.


The increase registered in the first quarter of 2006 on the previous December is also 2.9%.






In March 2006 labour costs did not vary at all (0.0%), while raw material costs registered a 0.4% increase.


The subsectors Building and Civil Works registered a similar evolution, with 0.4% growth on the previous month, both for the area of Building and raw material costs for Civil Works. In the inter-annual evolution of these two subsectors they both followed very similar trends: raw material costs for Building grew by 2.4%, while raw material costs for Civil Works accumulated a 2.5% increase.

In March the highest increases in prices corresponded to the raw materials consumed by Oil by-products (2.6%), Asphalt products (2.6%), Glass (2.3%), Electric energy (1.9%) and Iron and steel (1.9%), among others. By contrast, there was a reduction in raw material prices for Lime, gypsum and plaster (-2.9%), Plastic piping (-0.6%), Artificial cement (-0.5%), Other metal articles (-0.4%), and Structures and boiler making (-0.2%), among others.


Among the prices of raw materials consumed by the sector that underwent the highest rates of inflation over the whole of the last twelve months were: Asphalt products (20.2%), Oil by-products (18.1%), Electric energy (8.5%), Glass (7.3%) and Artificial cement (4.1%). In addition, there were reductions in inter-annual prices (March 2006 on March 2005), of the raw materials used in Metal piping (-5.0%), Plastic piping (-1.6%) and Lime, gypsum and plaster (-0.8%), 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: 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 by 0.3% in March 2006

Operation : 
Construction costs index
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182480
Frequency : 
Mensual
Timeframe : 
MARZO DE 2006
Last updated : 
04/27/2006
Next update : 
06/26/2019
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