Press Release 28/05/2014
Construction costs in the Basque Country rose 0.5% in April 2014 compared to the previous month
Compared to the previous year, April 2013, construction costs fell by 0.5%
There was a 0.5% rise in Construction Costs in the Basque Country in April 2014 compared to the previous month, whilst in year-on-year terms it decreased by 0.5%, according to data provided by EUSTAT.
There was no variation in labour costs, 0.0%, with regards to the previous month, whereas raw material costs rose by 0.6%.
In April, the subsectors of Building and Civil Works showed a similar evolution in the cost of their raw materials in relation to the previous month, with a rise of 0.6% both in Building and Civil Works.
The year-on-year performance of both sub-sectors showed the same figures. Building raw material costs fell by 1.1%, whereas those for Civil Works recorded a 1.5% decrease.
The prices of raw materials consumed by the sector that recorded the biggest increases in their year-on-year prices (April 2014 on April 2013) included those in the sectors of the Timber Industry, with a rise of 1.7%, and the Non-Metal Industry, which rose by 0.6%. On the other hand, sectors that saw the biggest price reductions over the last twelve months in raw materials include the sectors of Metallurgy, with a decrease of 4.4%; Oil Refining, which fell by 2.0%; and Electricity & Gas, which was down by 1.8%.
For further information:
Eustat - Euskal Estatistika Erakundea / Instituto Vasco de Estadística
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: email@example.com Tlf: 945 01 75 62
Further press releases on the Construction Costs Index of the Basque Country
Data bank on the Construction Costs Index of the Basque Country