Press Release 28/05/2014

CONSTRUCTION COSTS INDEX OF THE BASQUE COUNTRY (ICCE) APRIL 2014

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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%.

TABLE 1. CONSTRUCTION  COSTS INDEX OF THE  BASQUE COUNTRY. VARIATION RATE(p). APRIL 2014
Source: Eustat. Index of construction costs of the Basque Country

For further information:

Eustat - Euskal Estatistika Erakundea / Instituto Vasco de Estadística C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz Press Service: servicioprensa@eustat.eus 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

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Construction costs in the Basque Country rose 0.5% in April 2014 compared to the previous month

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Construction costs index
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182480
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Timeframe : 
ABRIL 2014
Last updated : 
05/28/2014
Next update : 
04/25/2019
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Síntesis
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