Press release 01/29/2013

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

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Construction costs in the Basque Country fell by 0.3% in December 2012 compared to the previous month

Over the last twelve months (December 2011 to December 2012) construction costs registered a 0.5% decrease

There was no variation in the Construction Costs index (0.3%) in the Basque Country in December 2012 with respect to the previous month, whilst the year-on-year rate for that month rose by 0.5%, according to EUSTAT data.

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With regards to the previous month, in December 2012 labour costs witnessed no variation (0.0%), whereas raw material costs registered a fall of 0.4%.

The subsectors of Building and Civil Works showed a different evolution in the cost of raw materials in December: Building costs fell by 0.3% whilst those of Civil Works were down by 0.8%, compared to the previous month. The year-on-year evolution of these two sub-sectors illustrates that costs of raw materials in Building fell 0.9%, whilst costs in Civil Works were down by 1.2%.

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 mention should be made of raw materials in the Machinery (5.8%), Electricity, Gas & Steam (3.8%) and Electric Material (2.5%) sectors, amongst others. In contrast, falls in annual prices (December 2012 on December 2011) were witnessed in the prime materials of the Non-metal Mineral Products, (-4.8%), Metallurgy (-3.0%) and Oil Refining (-0.2%) sectors.

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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 fell by 0.3% in December 2012 compared to the previous month

Operation : 
Construction costs index
Código operación : 
182480
Frequency : 
Mensual
Timeframe : 
DICIEMBRE DE 2012
Last updated : 
01/29/2013
Next update : 
04/25/2019
Type of operation : 
Síntesis
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0010257_i.html
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