Press release 30/10/2012

CONSTRUCTION COSTS INDEX OF THE BASQUE COUNTRY (ICCE) SEPTEMBER 2012

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Construction costs in the Basque Country rose 0.3% in September 2012 compared to the previous month

Over the last twelve months (September 2012 on September 2011) there was a 0.9% increase in construction costs

Construction Costs in the Basque Country rose by 0.3% in September 2012 with respect to the previous month, which meant that the year-on-year rate for that month was up by 0.9%, according to EUSTAT data.

Changes in the year-on-year rate for the month of December, 2006-2012

With regards to the previous month, in September 2012 labour costs witnessed no variation (0.0%), whereas raw material costs rose by 0.3%.

The Building and Civil Works sub-sectors saw their raw materials rise in price in September, with a 0.4% increase in Building costs compared to the previous month and 0.1% in the case of Civil Works. The year-on-year evolution of these two sub-sectors illustrates differences in intensity between them: costs of raw materials in Building rose by 0.6%, whilst costs in Civil Works rose by 2.0%.

Amongst the prices of raw materials consumed by the sector that have experienced the highest degree of inflation over the course of the last twelve months, special attention should be drawn to raw materials in Oil Refining (11.2%), Electricity & Gas (11.1%) and Machinery (5.4%), amongst others. In contrast, falls or less dramatic increases in annual prices (September 2012 on September 2011) were witnessed in the prime materials of the Metallurgy sector (-3.9%), Manufacturing of other Non-metal Mineral Products (-0.6%), and the Timber Industry (-0.1%).

CONSTRUCTION  COSTS INDEX - BASQUE COUNTRY. SEPTEMBER 2012. 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.eus Contact: Gerardo Pérez Aja Tel: +34-945-01 75 06 Fax:+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 0.3% in September 2012 compared to the previous month

Operation : 
Construction costs index
Código operación : 
182480
Frequency : 
Mensual
Timeframe : 
SEPTIEMBRE DE 2012
Last updated : 
10/30/2012
Next update : 
04/25/2019
Type of operation : 
Síntesis
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0009884_i.html
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