Press release 28/05/2010
Construction costs in the Basque Country rose 0.1% in April 2010 compared to the previous month
Over the last twelve months (April 2010 compared to April 2009), construction costs have risen by 1.6%
The Construction Costs Index rose by 0.1% in the Basque Country in April 2010 with respect to the previous month, which meant that the year-on-year rate for that month increased by 1.6%, according to EUSTAT data.
In April 2010, labour costs remained unchanged (0.0%), whereas the costs of raw material rose by 0.1%.
In April, the costs of raw materials in the Building and Civil Works performed differently, with a 0.1% decrease in Building costs compared to the previous month, while they increased by 0.8% in the case of Civil Works. There were differences in the performances of both sub-sectors during the year: building raw material costs rose by 0.6%, whereas those for Civil Works accumulated a 5.8% increase.
Oil By-products (39.8%) stood out among the prices of raw materials consumed by the sector that had experienced the highest inflation rates over the last twelve months. Other sectors that registered price increases were Metallurgy (4.2%), Non-Metallic Industry (1.6%), Electrical Equipment (1.5%), Rubber & Plastic (1.4%) and the Chemical Industry (1.0%), among others. On the other hand, the annual prices (April 2010 compared to April 2009) of raw materials decreased in the following sectors: Electricity and Gas (-6.0%), the Timber Industry (-2.4%), Metal Articles (-1.5%) and Electronic equipment (-1.5%), among others.
For further information:
Euskal Estatistika-Erakundea / Instituto Vasco de Estadística
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Tlf:+34-945-01 75 00 Fax:+34-945-01 75 01 E-mail: email@example.com
Contact: Gerardo Pérez Aja
T el:+34-945-01 75 06 F ax:+34-945-01 75 01
Further press releases on the Index of Construction Costs
Data bank on the Index of construction costs