Press Release 30/07/2014

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

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Construction costs in the Basque Country dropped 0.1% in June 2014 compared to the previous month

Compared to the previous year, June 2013, construction costs fell by 0.2%

There was a 0.1% drop in Construction Costs in the Basque Country in June 2014 compared to the previous month, whilst in year-on-year terms it decreased by 0.2%, 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 fell by 0.1%.

In June, the subsectors of Building and Civil Works showed a different evolution in the cost of their raw materials in relation to the previous month, with a fall of 0.1% in Building and 0.2% in Civil Works.

The year-on-year performance of both sub-sectors showed the same figures. Building raw material costs fell by 0.7%, whereas those for Civil Works recorded a 0.8% decrease.

The prices of raw materials consumed by the sector that recorded the biggest increases in their year-on-year prices (June 2014 on June 2013) included those in the sectors of Electricity & Gas, which rose 4.1%, the Non-Metal Industry, which grew by 2.8%, and the Timber Industry, with a rise of 2.1%. On the other hand, the sectors that saw the biggest price reductions over the last twelve months in raw materials includedNon-Metallic Minerals, which fell by 2.1%, Metallurgy, which was down 1.8%, and Electrical Equipment, which was down by 1.2%.

TABLE 1. CONSTRUCTION  COSTS INDEX OF THE  BASQUE COUNTRY. VARIATION RATE(p). JUNE 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 dropped 0.1% in June 2014 compared to the previous month

Operation : 
Construction costs index
Código operación : 
182480
Frequency : 
Mensual
Timeframe : 
JUNIO 2014
Last updated : 
07/30/2014
Next update : 
04/25/2019
Type of operation : 
Síntesis
Available formats : 
Pdf
Licence : 
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http://en.eustat.eus/elementos/not0011851_i.html
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