26 September 2019
2019- n° 252In Q2 2019, producer costs for construction increased (+0.4%) Costs of production indices in construction - second quarter 2019
In Q2 2019, the increase in producer costs for construction was more moderate than the previous quarter (+0.4% after +0.8% in the first quarter). This increase was mainly due to a significant rebound in civil engineering (+1.4% after –0.8% in the previous quarter) and to a slight increase in specialised construction works (+0.2% after +1.0%); costs in building construction are almost stable (+0.1% after +1.1%)
Over a year, these costs slightly slowed down (+2.3% after +2.6% in the two previous quarters). They slowed down in specialised construction works (+2.0% after +2.4% in the previous quarter) as well as in civil engineering (+3.5% after +3.9%) and in building construction (+1.8% after +2.3%).
In Q2 2019, the increase in producer costs for construction was more moderate than the previous quarter (+0.4% after +0.8% in the first quarter). This increase was mainly due to a significant rebound in civil engineering (+1.4% after –0.8% in the previous quarter) and to a slight increase in specialised construction works (+0.2% after +1.0%); costs in building construction are almost stable (+0.1% after +1.1%)
Over a year, these costs slightly slowed down (+2.3% after +2.6% in the two previous quarters). They slowed down in specialised construction works (+2.0% after +2.4% in the previous quarter) as well as in civil engineering (+3.5% after +3.9%) and in building construction (+1.8% after +2.3%).
tableauVariations in producer cost indices for construction
| Heading | Weights (in %) | Q2 2019/ Q1 2019 | Q2 2019/ Q2 2018 |
|---|---|---|---|
| F Construction | 100.0 | 0.4 | 2.3 |
| 41.2 Construction of buildings | 10.2 | 0.1 | 1.8 |
| 42 Civil engineering | 15.9 | 1.4 | 3.5 |
| 43 Specialised construction works | 73.9 | 0.2 | 2.0 |
| 43BT Buildings | 65.2 | 0.3 | 2.1 |
| 43BTC New buildings | 24.7 | 0.3 | 1.9 |
| 43BTR Existing buildings | 40.5 | 0.2 | 2.2 |
| 43TP Specialised works for civil engineering | 8.7 | 0.0 | 1.6 |
| Buildings (41.2 + 43BT) | 75.4 | 0.2 | 2.1 |
| Public works (42 + 43TP) | 24.6 | 0.9 | 2.8 |
- Source : INSEE
tableauItems of producer cost indices for construction
| Costs | items | Q2 2019/ Q1 2019 | Q2 2019/ Q2 2018 |
|---|---|---|---|
| Equipment | Buildings | 1.3 | 2.9 |
| Public works | -0.3 | 0.5 | |
| Labour | Labour costs in construction | -1.0 | 2.2 |
| Energy | Buildings | 1.9 | 1.5 |
| Public works | 0.3 | 2.0 | |
| Materials | Construction of buildings | 0.0 | 0.8 |
| Existing buildings | 0.1 | 0.8 | |
| Civil engineering | 3.6 | 6.2 | |
| Specialised works for civil engineering | 0.1 | 1.1 |
- Source : INSEE
tableauProduction costs in construction
| Construction of buildings | Civil engineering | Specialised construction works | Construction | |
|---|---|---|---|---|
| 2015-01 | 100.1 | 100.0 | 99.9 | 99.9 |
| 2015-02 | 100.2 | 99.3 | 100.0 | 99.9 |
| 2015-03 | 100.2 | 100.8 | 100.1 | 100.2 |
| 2015-04 | 100.2 | 101.0 | 100.0 | 100.2 |
| 2015-05 | 100.3 | 101.7 | 100.1 | 100.4 |
| 2015-06 | 100.1 | 102.0 | 100.1 | 100.4 |
| 2015-07 | 100.2 | 101.7 | 100.1 | 100.4 |
| 2015-08 | 100.2 | 100.6 | 100.1 | 100.2 |
| 2015-09 | 99.7 | 98.9 | 99.8 | 99.7 |
| 2015-10 | 99.5 | 98.4 | 99.8 | 99.5 |
| 2015-11 | 99.6 | 98.2 | 100.0 | 99.7 |
| 2015-12 | 99.5 | 97.3 | 99.9 | 99.5 |
| 2016-01 | 99.3 | 96.1 | 99.8 | 99.2 |
| 2016-02 | 99.2 | 95.7 | 99.8 | 99.1 |
| 2016-03 | 99.3 | 96.0 | 100.0 | 99.3 |
| 2016-04 | 99.3 | 96.3 | 100.0 | 99.3 |
| 2016-05 | 99.6 | 97.1 | 100.1 | 99.6 |
| 2016-06 | 100.0 | 98.5 | 100.5 | 100.1 |
| 2016-07 | 100.2 | 99.0 | 100.6 | 100.3 |
| 2016-08 | 100.4 | 98.9 | 100.8 | 100.4 |
| 2016-09 | 100.5 | 99.1 | 100.9 | 100.5 |
| 2016-10 | 100.4 | 99.6 | 100.9 | 100.6 |
| 2016-11 | 100.5 | 100.2 | 100.9 | 100.8 |
| 2016-12 | 100.8 | 100.7 | 101.2 | 101.1 |
| 2017-01 | 101.3 | 102.7 | 101.8 | 101.9 |
| 2017-02 | 101.7 | 102.9 | 102.1 | 102.2 |
| 2017-03 | 102.0 | 102.9 | 102.4 | 102.4 |
| 2017-04 | 102.3 | 102.4 | 102.6 | 102.5 |
| 2017-05 | 102.1 | 102.7 | 102.5 | 102.5 |
| 2017-06 | 102.1 | 102.2 | 102.5 | 102.4 |
| 2017-07 | 102.2 | 102.1 | 102.6 | 102.5 |
| 2017-08 | 102.4 | 102.3 | 102.8 | 102.6 |
| 2017-09 | 102.3 | 102.6 | 102.7 | 102.6 |
| 2017-10 | 103.0 | 103.5 | 103.3 | 103.3 |
| 2017-11 | 103.3 | 104.2 | 103.7 | 103.7 |
| 2017-12 | 103.8 | 105.0 | 104.1 | 104.2 |
| 2018-01 | 104.1 | 105.7 | 104.4 | 104.6 |
| 2018-02 | 104.0 | 105.6 | 104.3 | 104.4 |
| 2018-03 | 103.9 | 105.1 | 104.1 | 104.3 |
| 2018-04 | 104.3 | 105.9 | 104.5 | 104.7 |
| 2018-05 | 104.6 | 107.1 | 104.9 | 105.2 |
| 2018-06 | 104.8 | 108.9 | 105.2 | 105.7 |
| 2018-07 | 105.0 | 109.3 | 105.5 | 106.0 |
| 2018-08 | 105.3 | 109.8 | 105.7 | 106.3 |
| 2018-09 | 105.3 | 110.1 | 105.8 | 106.4 |
| 2018-10 | 105.4 | 110.6 | 105.9 | 106.6 |
| 2018-11 | 105.2 | 111.3 | 105.7 | 106.5 |
| 2018-12 | 105.1 | 109.4 | 105.6 | 106.1 |
| 2019-01 | 105.8 | 108.4 | 106.2 | 106.5 |
| 2019-02 | 106.4 | 109.4 | 106.8 | 107.2 |
| 2019-03 | 106.9 | 111.0 | 107.4 | 107.9 |
| 2019-04 | 106.7 | 111.2 | 107.3 | 107.9 |
| 2019-05 | 106.5 | 111.4 | 107.0 | 107.7 |
| 2019-06 | 106.3 | 110.7 | 106.7 | 107.3 |
graphiqueProduction costs in construction
- Source: INSEE.
Materials cost sharply rebounded in civil engineering
In Q2 2019, the cost of materials rebounded in civil engineering (+3.6% after –3.7%) leading by the increase in prices of refined petroleum products. It remained almost stable in specialised works for civil engineering (+0.1%) and it became stable in building construction.
Over a year, materials cost kept its dynamism in civil engineering (+6.2% after +6.0% in the first quarter). It again slowed down in building construction (+0.8% after +1.4%) and in specialised works for civil engineering (+1.1% after +1.5%).
tableauMaterials cost
| Construction of buildings | Civil engineering | Existing buildings | Special works for civil engin. | |
|---|---|---|---|---|
| 2015-01 | 100.8 | 101.1 | 100.6 | 100.9 |
| 2015-02 | 100.9 | 97.7 | 100.5 | 100.1 |
| 2015-03 | 100.8 | 101.7 | 100.4 | 99.9 |
| 2015-04 | 100.8 | 101.8 | 100.2 | 100.2 |
| 2015-05 | 100.9 | 103.7 | 100.3 | 100.4 |
| 2015-06 | 100.4 | 104.8 | 100.2 | 100.3 |
| 2015-07 | 100.3 | 104.2 | 100.2 | 100.1 |
| 2015-08 | 100.3 | 102.1 | 100.2 | 100.6 |
| 2015-09 | 99.6 | 97.5 | 99.8 | 100.1 |
| 2015-10 | 99.0 | 96.2 | 99.7 | 99.6 |
| 2015-11 | 98.6 | 95.4 | 99.1 | 99.2 |
| 2015-12 | 97.8 | 93.8 | 98.8 | 98.6 |
| 2016-01 | 97.0 | 90.0 | 98.5 | 99.2 |
| 2016-02 | 96.5 | 88.8 | 98.1 | 98.6 |
| 2016-03 | 96.3 | 88.8 | 98.1 | 98.0 |
| 2016-04 | 96.2 | 89.6 | 97.9 | 98.3 |
| 2016-05 | 97.0 | 91.1 | 98.2 | 98.4 |
| 2016-06 | 97.9 | 94.5 | 98.7 | 98.7 |
| 2016-07 | 98.0 | 96.1 | 98.7 | 98.7 |
| 2016-08 | 98.5 | 95.7 | 98.9 | 98.7 |
| 2016-09 | 98.6 | 96.1 | 98.9 | 98.8 |
| 2016-10 | 97.9 | 96.6 | 98.5 | 98.5 |
| 2016-11 | 97.9 | 98.1 | 98.5 | 98.3 |
| 2016-12 | 98.2 | 98.5 | 98.9 | 98.2 |
| 2017-01 | 99.1 | 102.9 | 99.8 | 99.2 |
| 2017-02 | 99.4 | 102.8 | 100.0 | 99.1 |
| 2017-03 | 99.7 | 102.7 | 100.3 | 98.9 |
| 2017-04 | 100.2 | 101.5 | 100.6 | 98.9 |
| 2017-05 | 100.1 | 102.6 | 100.7 | 99.3 |
| 2017-06 | 100.1 | 101.8 | 100.9 | 99.1 |
| 2017-07 | 99.8 | 101.5 | 100.8 | 99.2 |
| 2017-08 | 100.2 | 101.7 | 101.2 | 99.2 |
| 2017-09 | 100.2 | 102.3 | 100.9 | 99.4 |
| 2017-10 | 101.2 | 103.7 | 101.5 | 99.9 |
| 2017-11 | 101.2 | 104.6 | 101.4 | 100.2 |
| 2017-12 | 101.4 | 106.0 | 101.5 | 100.1 |
| 2018-01 | 102.4 | 106.4 | 102.3 | 101.3 |
| 2018-02 | 102.6 | 106.6 | 102.5 | 101.2 |
| 2018-03 | 102.7 | 105.7 | 102.6 | 101.3 |
| 2018-04 | 103.1 | 106.7 | 103.3 | 101.8 |
| 2018-05 | 103.3 | 109.3 | 103.8 | 102.2 |
| 2018-06 | 103.1 | 113.6 | 103.6 | 101.6 |
| 2018-07 | 102.8 | 114.1 | 103.6 | 101.6 |
| 2018-08 | 103.1 | 115.3 | 103.6 | 101.9 |
| 2018-09 | 103.2 | 115.5 | 103.5 | 102.1 |
| 2018-10 | 103.3 | 116.6 | 103.4 | 101.9 |
| 2018-11 | 103.1 | 119.3 | 103.5 | 101.6 |
| 2018-12 | 102.8 | 114.7 | 103.4 | 101.1 |
| 2019-01 | 103.8 | 110.7 | 104.0 | 103.0 |
| 2019-02 | 104.0 | 111.9 | 104.3 | 102.7 |
| 2019-03 | 104.2 | 115.2 | 104.4 | 102.8 |
| 2019-04 | 104.1 | 116.1 | 104.5 | 103.1 |
| 2019-05 | 104.1 | 117.4 | 104.5 | 103.0 |
| 2019-06 | 103.9 | 116.4 | 104.1 | 102.8 |
graphiqueMaterials cost
- Source: INSEE.
Equipment cost increased in building construction and it decreased in public works
In Q2 2019, equipment cost increased in building construction (+1.3% after –0.2%) and it accelerated over a year (+2.9% after +0.6%). In public works, it decreased by 0.3% in Q2 2019 (after +1.1%) and it slowed down yoy (+0.5% after +1.1%).
tableauEquipment cost
| Public works | Buildings | |
|---|---|---|
| 2015-01 | 99.9 | 99.1 |
| 2015-02 | 100.0 | 98.7 |
| 2015-03 | 100.0 | 99.1 |
| 2015-04 | 99.7 | 98.5 |
| 2015-05 | 99.6 | 99.1 |
| 2015-06 | 99.7 | 99.4 |
| 2015-07 | 99.8 | 98.8 |
| 2015-08 | 100.8 | 100.2 |
| 2015-09 | 100.5 | 100.2 |
| 2015-10 | 100.3 | 101.9 |
| 2015-11 | 100.0 | 103.2 |
| 2015-12 | 99.7 | 101.9 |
| 2016-01 | 100.0 | 100.6 |
| 2016-02 | 100.0 | 100.7 |
| 2016-03 | 100.2 | 101.2 |
| 2016-04 | 100.1 | 100.7 |
| 2016-05 | 100.2 | 100.1 |
| 2016-06 | 100.1 | 101.2 |
| 2016-07 | 99.9 | 100.3 |
| 2016-08 | 99.9 | 100.3 |
| 2016-09 | 100.0 | 100.5 |
| 2016-10 | 99.7 | 101.1 |
| 2016-11 | 99.9 | 100.7 |
| 2016-12 | 100.0 | 100.7 |
| 2017-01 | 100.4 | 101.2 |
| 2017-02 | 100.7 | 99.9 |
| 2017-03 | 100.6 | 100.1 |
| 2017-04 | 100.6 | 100.2 |
| 2017-05 | 100.6 | 100.1 |
| 2017-06 | 100.6 | 99.9 |
| 2017-07 | 100.1 | 99.9 |
| 2017-08 | 100.2 | 100.0 |
| 2017-09 | 100.2 | 99.8 |
| 2017-10 | 100.4 | 100.0 |
| 2017-11 | 100.3 | 99.9 |
| 2017-12 | 100.1 | 100.1 |
| 2018-01 | 100.6 | 100.1 |
| 2018-02 | 100.6 | 100.2 |
| 2018-03 | 100.5 | 100.2 |
| 2018-04 | 100.7 | 98.3 |
| 2018-05 | 100.8 | 99.2 |
| 2018-06 | 101.0 | 100.2 |
| 2018-07 | 101.1 | 100.6 |
| 2018-08 | 100.9 | 100.6 |
| 2018-09 | 101.1 | 100.8 |
| 2018-10 | 100.4 | 100.8 |
| 2018-11 | 100.6 | 100.9 |
| 2018-12 | 100.6 | 101.2 |
| 2019-01 | 101.4 | 100.3 |
| 2019-02 | 101.5 | 100.6 |
| 2019-03 | 102.0 | 101.4 |
| 2019-04 | 101.4 | 102.4 |
| 2019-05 | 101.2 | 101.9 |
| 2019-06 | 101.3 | 101.9 |
graphiqueEquipment cost
- Source: INSEE.
Energy cost increased
In Q2 2019, the cost of energy rebounded in building construction (+1.9% after –2.9%) and in public works (+0.3% after –0.8%).
Over a year, the cost of energy continued to slow down (+2.0% after +5.3% in public works and +1.5% after +4.0% in building construction).
tableauEnergy cost
| Buildings | Public works | |
|---|---|---|
| 2015-01 | 96.9 | 95.7 |
| 2015-02 | 101.7 | 104.1 |
| 2015-03 | 104.8 | 105.3 |
| 2015-04 | 104.4 | 107.7 |
| 2015-05 | 106.7 | 109.1 |
| 2015-06 | 105.3 | 107.4 |
| 2015-07 | 102.8 | 102.8 |
| 2015-08 | 97.6 | 96.1 |
| 2015-09 | 95.8 | 95.3 |
| 2015-10 | 95.8 | 94.8 |
| 2015-11 | 95.2 | 94.4 |
| 2015-12 | 92.9 | 87.3 |
| 2016-01 | 89.0 | 86.1 |
| 2016-02 | 88.2 | 85.8 |
| 2016-03 | 91.2 | 88.7 |
| 2016-04 | 91.9 | 88.8 |
| 2016-05 | 96.1 | 93.2 |
| 2016-06 | 100.7 | 96.7 |
| 2016-07 | 98.3 | 93.8 |
| 2016-08 | 95.2 | 93.1 |
| 2016-09 | 96.6 | 94.0 |
| 2016-10 | 98.9 | 98.0 |
| 2016-11 | 100.2 | 98.2 |
| 2016-12 | 101.2 | 102.5 |
| 2017-01 | 109.6 | 108.5 |
| 2017-02 | 109.7 | 108.8 |
| 2017-03 | 108.1 | 106.4 |
| 2017-04 | 107.8 | 105.8 |
| 2017-05 | 105.1 | 102.7 |
| 2017-06 | 102.6 | 99.6 |
| 2017-07 | 101.6 | 99.6 |
| 2017-08 | 103.6 | 100.9 |
| 2017-09 | 105.6 | 103.1 |
| 2017-10 | 107.6 | 104.7 |
| 2017-11 | 110.2 | 108.7 |
| 2017-12 | 110.6 | 109.5 |
| 2018-01 | 120.1 | 118.2 |
| 2018-02 | 119.3 | 117.3 |
| 2018-03 | 118.6 | 116.9 |
| 2018-04 | 121.2 | 119.4 |
| 2018-05 | 125.7 | 122.3 |
| 2018-06 | 126.9 | 123.1 |
| 2018-07 | 125.4 | 122.7 |
| 2018-08 | 125.7 | 123.2 |
| 2018-09 | 128.0 | 125.0 |
| 2018-10 | 132.0 | 129.3 |
| 2018-11 | 128.4 | 125.1 |
| 2018-12 | 123.2 | 119.7 |
| 2019-01 | 121.2 | 119.6 |
| 2019-02 | 124.5 | 124.8 |
| 2019-03 | 126.6 | 126.6 |
| 2019-04 | 127.3 | 127.1 |
| 2019-05 | 128.5 | 125.4 |
| 2019-06 | 123.6 | 119.6 |
graphiqueEnergy cost
- Source: INSEE.
Labour costs in construction decreased
In Q2 2019, the labour costs in construction declined (–1.0% after +2.4%). Over a year, it decelerated (+2.2% after +4.5%).
Production costs in construction were revised very slightly in Q1 2019
In Q1 2019, the variation in producer costs in construction was revised upward by 0.1 points to +0.8%.
For more information
Monthly production cost indices are released every three months.
These indices aggregate the cost indices of six factors of production, four of which are commented here (equipment, labour, energy and materials) and account for more than 8/9 in the calculation of the producer costs in construction.
These indices are subject to revision. They are primarily used for national accounts and macroeconomics analyses.
Next issue: end of December 2019
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