Press release 29/01/2010

CONSTRUCTION COSTS INDEX (ICCE) DECEMBER 2009

Construction costs in the Basque Country rose 0.4% in December 2009 compared to the previous month

Construction costs fell by 0.3% during 2009

The Construction Costs Index rose by 0.4% in the Basque Country in December 2009 with respect to the previous month, according to data facilitated by EUSTAT. The year-on-year rate for December was down 0.3%, compared to December 2008.

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During the annual period (December 2009 compared to December 2006), labour costs increased by 2.4%, whereas raw material costs were down by 1.0%.

In December, the cost of raw materials in the Building and Civil Works sub-sectors evolved in a similar way, with 0.6% and 0.4% increases in the costs of raw materials compared to the previous month in Building and Civil Works, respectively. There were differences between both sub-sectors during the year: Building raw material costs fell by 1.4%, whereas those for Civil Works accumulated a 0.6% increase.

Amongst the prices of raw materials consumed by the sector that experienced the highest inflation rates over the last twelve months were: Oil Refinery (20.5%), Water (7.4%), Non-metal Industry (2.5%) and Furniture Production (1.6%). On the other hand, the raw materials of Metallurgy (-16.3%), Electricity and Gas (-15.3%), Electronic Equipment (-4.7%) and the Chemical Industry (-3.7%) registered the greatest fall in their annual prices (December 2009 compared to December 2008).

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For further information:

Basque Statistics Office C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz Tlf:+34-945-01 75 00 Fax:+34-945-01 75 01 E-mail: eustat@eustat.es Contact: Gerardo Pérez Aja T el:+34-945-01 75 06 F ax:+34-945-01 75 01 Online press releases: www.eustat.es Databank: www.eustat.eus/bancopx/english/indice.aspx

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Construction costs in the Basque Country rose 0.4% in December 2009 compared to the previous month

Operation : 
Construction costs index
Código operación : 
182480
Frequency : 
Mensual
Timeframe : 
DICIEMBRE DE 2009
Last updated : 
01/29/2010
Next update : 
04/25/2019
Type of operation : 
Síntesis
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Licence : 
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http://en.eustat.eus/elementos/not0005682_i.html
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