Nota de prensa de 28/07/2011

CONSTRUCTION COSTS INDEX OF THE BASQUE BASQUE COUNTRY (ICCE) JUNE 2011

Construction costs in the Basque Country fell 0.1% in June 2011 compared to the previous month

Over the last twelve months (June 2010 to June 2011), there has been no variation in construction costs (0.0%)

The Construction Costs Index in the Basque Country registered a decrease of 0.1% in June 2011 with respect to the previous month, whilst the year-on-year rate for that month remained unchanged (0.0%), according to data provided by EUSTAT.

With regards to the previous month, in June 2011 there was no variation in labour costs (0.0%), whereas raw material costs registered a fall of 0.1%.

The Building and Civil Works sub-sectors evidenced a different evolution in terms of the cost of raw materials in June, with a 0.2% drop in Civil Works costs compared to the previous month and no variation (0.0%) in the case of Building costs. In the year-on-year evolution of both subsectors, we witness a fall of 1.0% with regards to Building whilst Civil Works recorded a rise of 1.9%.



Electricity, Gas & Steam (20.1%), Coke Plants & Oil Refining (19.2%), and Metallurgy (10.1%) stood out amongst the prices of raw materials used by the sector that experienced the highest inflation rates over the last twelve months. In contrast, raw materials from extraction Industries (-8.3%), the manufacture of other non-metallic minerals (0.3%) and the manufacture of furniture and other manufacturing industries (1.4%) registered a reduction or less significant rises in annual prices.

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