Press release 26/02/2019

CONSTRUCTION COSTS INDEX, JANUARY 2019

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Construction costs in the Basque Country rose 1.4% in January 2019 compared to the previous month

Compared to the previous year, January 2019 on January 2018, costs increased by 2.4%

There was a 1.4% rise in Construction Costs in the Basque Country in January 2019 compared to the previous month, whilst the year-on-year rate for the same month was up 2.4%, according to EUSTAT data.

Year-on-year variation rate of the index of construction costs in the Basque Country. (%)

General index

Edification

Civil work

Jan, 2018
Mar, 2018
May, 2018
Jul, 2018
Sep, 2018
Nov, 2018
Jan, 2019
0.6
1.3
2.0
2.7
3.4
4.1
4.8
0.6
1.3
2.0
2.7
3.4
4.1
4.8
Jan, 1996
Jan, 2001
Jan, 2006
Jan, 2011
Jan, 2016
Source: Eustat. Construction costs index

With regards to the previous month, labour costs increased by 2.3% and the cost of raw materials rose by 1.1%.

This January, the Building sub-sector recorded a rise of 1.1% in raw materials and the Civil Works sub-sector an increase of 1.2%. The year-on-year trends in these two sub-sectors were also similar: costs of raw materials in Building were up 2.4%, whilst costs in Civil Works posted a 2.1% rise.

The prices of raw materials consumed by sector that recorded the biggest increases in January 2019 on January 2018 included those in the following sectors: Non-metal Industry, up 4.5%, Electricity & Gas, with an increase of 4.0%; and the Timber Industry with a rise of 2.7%. On the other hand, the sectors that saw the smallest increases in prices of raw materials over the last twelve months were Manufacture of Furniture, which remained unchanged (0.0%), Oil Refining, up 0.2% and Electronic Material and Rubber & Plastics with an increase of 0.5%, in both cases.

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For further information:

Eustat - Euskal Estatistika Erakundea / Basque Statistics Institute C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz Press Service: servicioprensa@eustat.es Tel: 945 01 75 62

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Construction costs in the Basque Country rose 1.4% in January 2019 compared to the previous month

Operation : 
Construction costs index
Código operación : 
182480
Frequency : 
Monthly
Timeframe : 
April 2025
Last updated : 
02/26/2019
Next update : 
06/25/2025
Type of operation : 
Síntesis
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
https://en.eustat.eus/elementos/not0016262_i.html
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