Press release dated 28/01/2011

CONSTRUCTION COSTS INDEX OF THE BASQUE COUNTRY (ICCE) DECEMBER 2010

Construction costs in the Basque Country rose 0.6% in December 2010 on the previous month

Over the last twelve months (December 2010 compared to December 2009) building costs rose by 1.2%

The Construction Costs Index of the Basque Country rose by 0.6% in December 2010 with respect to the previous month, which meant that the year-on-year rate for that month was up by 1.2%, according to EUSTAT data.

Changes in the year-on-year rate for the month of December, 1997-2010

In December 2010, labour costs remained unchanged (0.0%), whereas the costs of raw material rose by 0.8%.

The Building and Civil Works sub-sectors saw their raw material rise in price in December, with a 0.6% increase in Building costs compared to the previous month and 1.6% in the case of Civil Works. There were differences between the year-on-year performance of both sub-sectors: building raw material costs rose by 0.4%, whereas Civil Works posted a 4.2% increase.

Oil Refinery (23.7%), Metallurgy (16.5%), Electricity and Gas (9.0%) and Rubber & Plastic (4.2%) stood out among the prices of raw materials used by the sector that had experienced the highest inflation rates over the last twelve months. On the other hand, the annual prices (December 2010 compared to December 2009) of raw materials decreased in the following sectors: Non-metal Minerals (-3.7%) and Timber Industry(-0.9%).

BUILDING COSTS INDEX - BASQUE COUNTRY. DECEMBER 2010. PROVISIONAL DATA

For further information:

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: Gerardo Pérez Aja T el:+34-945-01 75 06 F ax:+34-945-01 75 01 Further press releases on the Construction Costs Index of the Basque Country Data bank on the Construction Costs Index of the Basque Country

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Construction costs in the Basque Country rose 0.6% in December 2010 on the previous month

Operation : 
Construction costs index
Código operación : 
182480
Frequency : 
Mensual
Timeframe : 
DICIEMBRE DE 2010
Last updated : 
01/28/2011
Next update : 
07/29/2019
Type of operation : 
Síntesis
Available formats : 
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Licence : 
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http://en.eustat.eus/elementos/not0006551_i.html
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