28 February 2019
2019- n° 58In Q4 2018, the prices of buildings' maintenance and improvement works were stable Buildings maintenance and improvement price index - fourth quarter 2018
In Q4 2018, buildings’ maintenance and improvement work price index (IPEA) remained unchanged, after a near stability in the previous quarter (+0.1%). Prices accelerated sharply in floor and wall covering (+0.6% after +0.1%) and in roofting (+0.4% after a stability). They rebounded slightly in the other construction installation (+0.2% after −0.5%). Conversely, prices declined strongly in electrical installation (−0.7% after −0.2%).
Over a quarter, priceswere practically stable in the residential sector (+0.1%) and in the non-residential sector (−0.1%).
Over a year, buildings' maintenance and improvement work prices increased by 1.1% (after +1.3% in Q3 2018). The rise remained marked in roofing (+2.4% after +2.3%), in plumbing, heat and air-conditioning installation (+2.2% as the previous quarter) and to a lesser extent in painting and glazing (+1.3% as the previous quarter) and in floor and wall covering (+1.3% after +0.8%). Prices slowed down sharply in electrical installation (+0.4% after +1.7%).
Over a year, the rise was a little more marked in the non-residential sector (+1.3%) than in the residential sector (+0.9%).
Revisions
The evolution in the IPEA price index between the second quarter and the third quarter of 2018 has been revised downward by 0.1 points to +0.1%.
tableauBuildings' maintenance and improvement work price index
| IPEA | IPEA residential | IPEA non residential | |
|---|---|---|---|
| 2015-Q1 | 99.9 | 99.9 | 100.0 |
| 2015-Q2 | 100.0 | 100.0 | 100.0 |
| 2015-Q3 | 100.1 | 100.1 | 100.1 |
| 2015-Q4 | 100.0 | 100.0 | 100.0 |
| 2016-Q1 | 100.5 | 100.4 | 100.6 |
| 2016-Q2 | 100.8 | 100.7 | 100.9 |
| 2016-Q3 | 100.9 | 100.8 | 100.9 |
| 2016-Q4 | 101.0 | 101.0 | 101.2 |
| 2017-Q1 | 101.4 | 101.4 | 101.4 |
| 2017-Q2 | 101.6 | 101.7 | 101.4 |
| 2017-Q3 | 101.8 | 102.0 | 101.4 |
| 2017-Q4 | 102.0 | 102.2 | 101.8 |
| 2018-Q1 | 102.6 | 102.8 | 102.2 |
| 2018-Q2 | 103.0 | 103.0 | 102.9 |
| 2018-Q3 | 103.1 | 103.0 | 103.2 |
| 2018-Q4 | 103.1 | 103.1 | 103.1 |
graphiqueBuildings' maintenance and improvement work price index
- Source: INSEE.
tableauBuildings’ maintenance and improvement work price index
| Weights (in %) | Q4 2018 | Q/Q-1 (1) | Q/Q-4 (2) | |
|---|---|---|---|---|
| Buildings maintenance and improvement work price index (IPEA) | 100.0 | 103.1 | 0.0 | 1.1 |
| Residential buildings | 59.3 | 103.1 | 0.1 | 0.9 |
| Non-residential buildings | 40.7 | 103.1 | -0.1 | 1.3 |
| All buildings by type of work | ||||
| 4321 - Electrical installation | 17.5 | 102.8 | -0.7 | 0.4 |
| 4322 - Plumbing, heat and air−conditioning installation | 17.9 | 103.4 | 0.2 | 2.2 |
| 4329 - Other construction installation | 4.6 | 102.1 | 0.2 | 0.3 |
| 4331 - Plastering | 3.5 | 105.8 | 0.1 | 0.7 |
| 4332 - Joinery installation | 19.3 | 103.1 | 0,0 | 0.8 |
| 4333 - Floor and wall covering | 4.0 | 102.7 | 0.6 | 1.3 |
| 4334 - Painting and glazing | 8.2 | 101.8 | 0.2 | 1.3 |
| 4391 - Roofing | 6.6 | 106.1 | 0.4 | 2.4 |
| 4399 - Other specialised construction activities | 18.4 | 102.6 | 0.1 | 0.7 |
- (1) index of the last quarter compared to that of the previous quarter (in %)
- (2) index of the last quarter compared to that of the same period of the previous year (in %)
- Source : Insee
For more information – Definition
The buildings’ maintenance and improvement work price index (IPEA) is a quarterly index which measures the evolution of price excluding taxes charged by construction enterprises (including artisanal forms) for their maintenance and improvement works in residential and nonresidential buildings during the quarter under review.
The IPEA indices are raw data. That means they are not seasonally adjusted.
Next issue: 29 May 2019
Pour en savoir plus
