19 December 2019
2019- n° 338In Q3 2019, producer costs for construction were virtually stable (–0.1%) Costs of production indices in construction - third quarter 2019
In Q3 2019, the producer costs for construction were virtually stable (–0.1% after +0.4% in the previous quarter). The stability was mainly due to the low evolution of costs in specialised construction works (+0.1% after +0.2% in the previous quarter); costs in civil engineering decreased (–0.9% after +1.4%) while those in building construction kept increasing slightly (+0.2% as the previous quarter)
Over a year, the producer costs for construction slowed down (+1.3% after +2.2% in the previous quarter). They slowed down in specialised construction works (+1.5% after +2.0%) and in building construction (+1.5% after +1.8%) but also, more markedly, in civil engineering (+0.4% after +3.5%).
In Q3 2019, the producer costs for construction were virtually stable (–0.1% after +0.4% in the previous quarter). The stability was mainly due to the low evolution of costs in specialised construction works (+0.1% after +0.2% in the previous quarter); costs in civil engineering decreased (–0.9% after +1.4%) while those in building construction kept increasing slightly (+0.2% as the previous quarter)
Over a year, the producer costs for construction slowed down (+1.3% after +2.2% in the previous quarter). They slowed down in specialised construction works (+1.5% after +2.0%) and in building construction (+1.5% after +1.8%) but also, more markedly, in civil engineering (+0.4% after +3.5%).
tableauVariations in producer cost indices for construction
| Heading | Weights (in %) | Q3 2019/ Q2 2019 | Q3 2019/ Q3 2018 |
|---|---|---|---|
| F Construction | 100.0 | -0.1 | 1.3 |
| 41.2 Construction of buildings | 10.2 | 0.2 | 1.5 |
| 42 Civil engineering | 15.9 | -0.9 | 0.4 |
| 43 Specialised construction works | 73.9 | 0.1 | 1.5 |
| 43BT Buildings | 65.2 | 0.2 | 1.5 |
| 43BTC New buildings | 24.7 | 0.2 | 1.5 |
| 43BTR Existing buildings | 40.5 | 0.2 | 1.5 |
| 43TP Specialised works for civil engineering | 8.7 | -0.1 | 0.9 |
| Buildings (41.2 + 43BT) | 75.4 | 0.2 | 1.5 |
| Public works (42 + 43TP) | 24.6 | -0.5 | 0.6 |
- Source : INSEE
tableauItems of producer cost indices for construction
| Costs | items | Q3 2019/ Q2 2019 | Q3 2019/ Q3 2018 |
|---|---|---|---|
| Equipment | Buildings | 0.0 | 1.4 |
| Public works | 0.3 | 0.6 | |
| Labour | Labour costs in construction | 1,2 | 2,6 |
| Energy | Buildings | -2.5 | -2.4 |
| Public works | -3.0 | -2.6 | |
| Materials | Construction of buildings | -0.4 | 0.7 |
| Existing buildings | -0.9 | -0.1 | |
| Civil engineering | -2.3 | -0.9 | |
| Specialised works for civil engineering | -0.5 | 0.6 |
- 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 | 102.4 |
| 2017-08 | 102.4 | 102.3 | 102.7 | 102.6 |
| 2017-09 | 102.3 | 102.6 | 102.6 | 102.6 |
| 2017-10 | 103.0 | 103.5 | 103.3 | 103.3 |
| 2017-11 | 103.3 | 104.2 | 103.6 | 103.7 |
| 2017-12 | 103.7 | 104.9 | 104.1 | 104.2 |
| 2018-01 | 104.1 | 105.7 | 104.4 | 104.6 |
| 2018-02 | 104.0 | 105.6 | 104.3 | 104.5 |
| 2018-03 | 104.0 | 105.2 | 104.2 | 104.4 |
| 2018-04 | 104.4 | 105.9 | 104.6 | 104.8 |
| 2018-05 | 104.7 | 107.2 | 105.0 | 105.3 |
| 2018-06 | 104.9 | 109.0 | 105.3 | 105.8 |
| 2018-07 | 105.0 | 109.3 | 105.5 | 106.1 |
| 2018-08 | 105.3 | 109.8 | 105.7 | 106.3 |
| 2018-09 | 105.3 | 110.1 | 105.7 | 106.4 |
| 2018-10 | 105.4 | 110.6 | 105.9 | 106.6 |
| 2018-11 | 105.3 | 111.3 | 105.7 | 106.6 |
| 2018-12 | 105.2 | 109.4 | 105.6 | 106.2 |
| 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 | 106.8 | 111.3 | 107.3 | 107.9 |
| 2019-05 | 106.6 | 111.5 | 107.1 | 107.7 |
| 2019-06 | 106.4 | 110.7 | 106.8 | 107.4 |
| 2019-07 | 106.6 | 110.4 | 107.0 | 107.5 |
| 2019-08 | 106.9 | 110.6 | 107.2 | 107.7 |
| 2019-09 | 106.9 | 109.6 | 107.3 | 107.6 |
graphiqueProduction costs in construction
- Source: INSEE.
Material cost decreased
In Q3 2019, the cost of materials fell back in civil engineering (–2.3% after +3.6%) leading by the decrease in prices of refined petroleum products. It also decreased in specialised works for civil engineering (–0.5%) and in building construction (–0.4%) after a virtual stability in the previous quarter.
Over a year, material cost decreased in civil engineering (–0.9% after +6.1% in the second quarter). It again slowed down in specialised works for civil engineering (+0.6% after +1.1%) and in building construction (+0.7% after +0.9%).
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 | 104.1 | 116.3 | 104.0 | 102.8 |
| 2019-07 | 103.7 | 114.8 | 103.6 | 102.6 |
| 2019-08 | 103.9 | 115.3 | 103.4 | 102.5 |
| 2019-09 | 103.6 | 111.7 | 103.3 | 102.3 |
graphiqueMaterials cost
- Source: INSEE.
Equipment cost were virtually stable in building construction and increased in public works
In Q3 2019, equipment cost stabilized in building construction (after +1.3% in the second quarter) and it slowed down over a year (+1.4% after +2.9%). In public works, it increased by 0.3% in Q3 2019 (after –0.3%) and by 0.6% over a year (after +0.5%).
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 | 101.5 | 102.4 |
| 2019-05 | 101.2 | 101.9 |
| 2019-06 | 101.3 | 101.9 |
| 2019-07 | 101.5 | 101.9 |
| 2019-08 | 101.5 | 102.1 |
| 2019-09 | 101.9 | 102.2 |
graphiqueEquipment cost
- Source: INSEE.
Energy cost decreased
In Q3 2019, the cost of energy fell back in building construction (–2.5% after +1.9%) and in public works (–3.0% after +0.4%).
Over a year, the cost of energy decreased in building construction (–2.4% after +1.5%) and in civil engineering (–2.6% after +2.1%).
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 | 125.6 |
| 2019-06 | 123.6 | 119.9 |
| 2019-07 | 123.2 | 121.1 |
| 2019-08 | 122.4 | 118.6 |
| 2019-09 | 124.3 | 121.6 |
graphiqueEnergy cost
- Source: INSEE.
Labour costs in construction increased
In Q3 2019, the labour costs in construction recovered (+1.2% after –0.9%). Over a year, it sped up (+2.6% after +2.1%).
Revision
In Q2 2019, the variation in producer costs in construction has not been revised: +0.4% as published in September 2019.
For further 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 March 2020
Documentation
Pour en savoir plus
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 March 2020
