Press Release 30/05/2007

CONSTRUCTION COSTS INDEX (CCI) APRIL 2007



Construction costs in the Autonomous Community of the Basque Country increased by 0.4% in April 2007



Over the last twelve months (April 2007 with respect to April 2006) building costs underwent a 5.7% increase


The Building Costs Index for the Autonomous Community of the Basque Country registered a 0.4% increase in the month of April 2007 with respect to the previous month, as a result of which the Inter.-annual rate for that month adds up to 5.7%, according to data facilitated by EUSTAT.


Annual carryover variation rate, 1997-2007



(*) The increase specified is the carryover correnponding to April

Source: EUSTAT


During the month of April 2007, labour costs did not increase at all (0.0%), whereas raw material costs went up by 0.6%.


The Building and Civil Works sub-sectors registered a similar evolution, with an increase of 0.6% on the previous month, both in the Building section and of 0.6% in the section on Civil Works raw material costs. In terms of annual carryover evolution, it has been observed that both sub-sectors follow similar tendencies albeit with different intensities: Building raw material costs grow 7.0%, whereas Civil Works raw materials accumulate a 5.4% increase.


During the month of April the highest increases took place in consumed raw materials of Petroleum Derivates (4.0%), Asphalt Products (4.0%), Glass (2.9%), Metal Piping (2.7%), Iron and Steel (2.5%), and Explosives and Gases, among others. On the other hand, prices decreased in raw materials related to Electric Power (-4.6%) Lime, Gypsum and Plaster (-1.5%), Tar Sands (-0.3%) Artificial Cements (-0.2%), and Woods and Cork (-0.2%), among others.

Among the prices of raw materials consumed by the sector that experienced the highest inflation rates throughout the twelve last months are: Iron and Steel (24.5%), Metal Piping (19.9%), Glass (19.0%) and Electric Power (13.3%). On the other hand, raw materials like Petroleum Derivates (-7,3%) and Asphalt Products (-8.5%) registered decreases in their annual carryover prices (April 2007 with respect to April 2006).


CONSTRUCTION COSTS INDEX BASQUE COUNTRY / DATA PREVIEW. APRIL 2007



Source: EUSTAT


For More Information:

Euskal Estatistika-Erakundea / Basque Statistics Office
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 Person Gerardo Pérez Aja
Tel:+34-945-01 75 06 Fax:+34-945-01 75 01
Internet Press Releases: www.eustat.es
Data Bank: www.eustat.eus/bancopx/spanish/indice.aspx

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Construction costs in the Autonomous Community of the Basque Country increased by 0.4% in April 2007

Operation : 
Construction costs index
Código operación : 
182480
Frequency : 
Mensual
Timeframe : 
ABRIL DE 2007
Last updated : 
05/30/2007
Next update : 
07/29/2019
Type of operation : 
Síntesis
Available formats : 
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Licence : 
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Permalink : 
http://en.eustat.eus/elementos/not0004244_i.html
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