Informations rapides
20 March 2020
2020- n° 71
In Q4 2019, producer costs for construction decreased (–0.3%) Costs of production indices in construction - fourth quarter 2019

In Q4 2019, the producer costs for construction decreased (–0.3% after a stability in the previous quarter). The decrease was mainly due to the drop of costs in civil engineering (–1.5% after –0.8%); costs in building construction decreased slightly (–0.2% after +0.2%) while those in specialised construction works were virtually stable (–0.1% after +0.2%).

Over a year, the producer costs for construction slowed down (+0.8% after +1.3% in the third quarter). They slowed down in specialised construction works (+1.3% after +1.5%) and in building construction (+1.2% after +1.5%). They fell back in civil engineering (–1.6% after +0.5%).

Informations rapides
No 71
Paru le :Paru le20/03/2020
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In Q4 2019, the producer costs for construction decreased (–0.3% after a stability in the previous quarter). The decrease was mainly due to the drop of costs in civil engineering (–1.5% after –0.8%); costs in building construction decreased slightly (–0.2% after +0.2%) while those in specialised construction works were virtually stable (–0.1% after +0.2%).

Over a year, the producer costs for construction slowed down (+0.8% after +1.3% in the third quarter). They slowed down in specialised construction works (+1.3% after +1.5%) and in building construction (+1.2% after +1.5%). They fell back in civil engineering (–1.6% after +0.5%).

Variations in producer cost indices for construction

In %
Variations in producer cost indices for construction (In %)
Heading Weights (in %) Q4 2019/ Q3 2019 Q4 2019/ Q4 2018
F Construction 100.0 -0.3 0.8
41.2 Construction of buildings 10.2 -0.2 1.2
42 Civil engineering 15.9 -1.5 -1.6
43 Specialised construction works 73.9 -0.1 1.3
43BT Buildings 65.2 -0.1 1.4
43BTC New buildings 24.7 -0.2 1.2
43BTR Existing buildings 40.5 0.0 1.5
43TP Specialised works for civil engineering 8.7 -0.3 0.7
Buildings (41.2 + 43BT) 75.4 -0.1 1.4
Public works (42 + 43TP) 24.6 -1.0 -0.8
  • Source : INSEE

Items of producer cost indices for construction

In %
Items of producer cost indices for construction (In %)
Costs items Q4 2019/ Q3 2019 Q4 2019/ Q4 2018
Equipment Buildings 0.6 1.4
Public works -0.6 0.5
Labour Labour costs in construction -0.7 2.0
Energy Buildings 1.7 -1.9
Public works 0.7 -2.8
Materials Construction of buildings -0.6 0.0
Existing buildings -0.1 -0.1
Civil engineering -3.7 -6.1
Specialised works for civil engineering -0.9 0.0
  • Source : INSEE

Production costs in construction

Production 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 99.4 96.0 100.1 99.4
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 99.1 100.8 100.5
2016-10 100.4 99.6 100.9 100.6
2016-11 100.5 100.2 100.9 100.7
2016-12 100.7 100.6 101.1 101.0
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
2017-04 102.3 102.5 102.6 102.5
2017-05 102.2 102.7 102.5 102.5
2017-06 102.2 102.3 102.5 102.5
2017-07 102.2 102.1 102.6 102.4
2017-08 102.3 102.2 102.7 102.6
2017-09 102.2 102.5 102.6 102.5
2017-10 102.9 103.4 103.2 103.2
2017-11 103.3 104.2 103.6 103.7
2017-12 103.7 105.0 104.1 104.2
2018-01 104.1 105.7 104.4 104.6
2018-02 104.0 105.6 104.3 104.5
2018-03 103.9 105.2 104.2 104.4
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
2018-07 105.0 109.3 105.5 106.0
2018-08 105.2 109.7 105.6 106.2
2018-09 105.2 110.0 105.6 106.3
2018-10 105.3 110.5 105.8 106.5
2018-11 105.2 111.3 105.6 106.5
2018-12 105.1 109.4 105.6 106.1
2019-01 105.8 108.3 106.1 106.4
2019-02 106.3 109.3 106.7 107.1
2019-03 106.8 111.0 107.2 107.8
2019-04 106.7 111.2 107.2 107.8
2019-05 106.5 111.4 106.9 107.6
2019-06 106.3 110.6 106.7 107.3
2019-07 106.5 110.4 106.9 107.4
2019-08 106.8 110.6 107.1 107.7
2019-09 106.8 109.6 107.3 107.6
2019-10 106.6 109.8 107.1 107.5
2019-11 106.4 108.2 107.0 107.1
2019-12 106.4 107.8 106.9 107.0

Production costs in construction

  • Source: INSEE.

Material cost decreased

In Q4 2019, the cost of materials still declined in civil engineering (–3.7% after –2.3% in the previous quarter) led by the decrease in prices of refined petroleum products and steel products. It also decreased in specialised works for civil engineering (–0.9% after –0.6%) and in building construction (–0.6% after –0.4%).

Over a year, material cost dropped in civil engineering (–6.1% after –0.9% in the third quarter). It stabilized in specialised works for civil engineering (after +0.5%) and in building construction (after +0.6%).

Materials cost

Materials 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
2019-08 103.8 115.3 103.4 102.4
2019-09 103.6 111.7 103.3 102.2
2019-10 103.2 112.9 103.2 101.7
2019-11 103.0 108.9 103.5 101.5
2019-12 103.0 107.5 103.4 101.3

Materials cost

  • Source: INSEE.

Equipment cost increased in building construction and decreased in public works

In Q4 2019, equipment cost increased in building construction (+0.6% after –0.3% in the third quarter) and sped up over a year (+1.4% after +1.1%). In public works, it decreased by 0.6% in Q4 2019 (after +0.4%) and increased by 0.5% over a year (after +0.6%).

Equipment cost

Equipment 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
2019-03 101.9 101.4
2019-04 101.4 102.4
2019-05 101.1 101.9
2019-06 101.2 101.9
2019-07 101.5 101.9
2019-08 101.5 101.7
2019-09 102.0 101.7
2019-10 101.3 102.4
2019-11 100.9 102.1
2019-12 100.9 102.7

Equipment cost

  • Source: INSEE.

Energy cost rebounded

In Q4 2019, the cost of energy rebounded in building construction (+1.7% after –2.5%) and in public works (+0.7% after –3.0%).

Over a year, the cost of energy still decreased in building construction (–1.9% after –2.4%) and in civil engineering (–2.8% after –2.6%).

Energy cost

Energy 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
2019-10 124.8 120.3
2019-11 124.8 120.7
2019-12 126.7 122.8

Energy cost

  • Source: INSEE.

Labour costs in construction fell back

In Q4 2019, the labour costs in construction fell back (–0.7% after +1.4%). Over a year, it slowed down (+2.0% after +2.7%).

Revision

In Q3 2019, the variation in producer costs in construction has been revised: it was stable versus –0.1% as published in December 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 June 2020

Documentation

Producer cost indices for construction

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 June 2020

: bureau-de-presse@insee.fr

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Time series: Producer costs indices for construction