Informations rapides
18 December 2020
2020- n° 328
In Q3 2020, the producer costs in construction increased by 0.4% Costs of production indices in construction - third quarter 2020

In Q3 2020, the producer costs in construction increased by 0.4% after +0.9% in the previous quarter. The rise was mainly due to a rebound of costs in civil engineering (+2.9% after –2.7%) linked to those of material prices (including petroleum products) after the lockdown period of the second quarter 2020. Costs in specialised construction works were virtually stable (–0.1% after +1.7%), as were those in buildings construction (–0.1% after +1.6%).

Over a year, the producer costs for construction accelerated (+1.4% after +0.9% in the second quarter 2020): the costs stepped back again – to a lesser extent - in civil engineering (–0.4% after –4.1%). They slowed down slightly both in specialised construction works (+1.7% after +1.9%) and in buildings construction (+1.5% after +1.7%).

Informations rapides
No 328
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In Q3 2020, the producer costs in construction increased by 0.4% after +0.9% in the previous quarter. The rise was mainly due to a rebound of costs in civil engineering (+2.9% after –2.7%) linked to those of material prices (including petroleum products) after the lockdown period of the second quarter 2020. Costs in specialised construction works were virtually stable (–0.1% after +1.7%), as were those in buildings construction (–0.1% after +1.6%).

Over a year, the producer costs for construction accelerated (+1.4% after +0.9% in the second quarter 2020): the costs stepped back again – to a lesser extent - in civil engineering (–0.4% after –4.1%). They slowed down slightly both in specialised construction works (+1.7% after +1.9%) and in buildings construction (+1.5% after +1.7%).

Variations in producer cost indices for construction

In %
Variations in producer cost indices for construction (In %)
Heading Weights (in %) Q3 2020/ Q2 2020 Q3 2020/ Q3 2019
F Construction 100.0 0.4 1.4
 41.2 Construction of buildings 10.2 -0.1 1.5
 42 Civil engineering 15.9 2.9 -0.4
 43 Specialised construction works 73.9 -0.1 1.7
   43BT Buildings 65.2 -0.1 2.0
      43BTC New buildings 24.7 -0.1 1.5
      43BTR Existing buildings 40.5 -0.2 2.3
   43TP Specialised works for civil engineering 8.7 0.2 -0.2
Buildings (41.2 + 43BT) 75.4 -0.2 1.9
Public works (42 + 43TP) 24.6 1.9 -0.3
  • Source : INSEE

Items of producer cost indices for construction

In %
Items of producer cost indices for construction (In %)
Costs items Q3 2020/ Q2 2020 Q3 2020/ Q3 2019
Equipment Buildings 0.2 2.5
Public works 1.2 -1.3
Labour Labour costs in construction -3.4 2.1
Energy Buildings 2.3 -14.0
Public works 3.2 -14.6
Materials Construction of buildings 0.1 -0.2
Existing buildings 0.5 0.3
Civil engineering 7.4 -1.1
Specialised works for civil engineering -0.3 -0.3
  • 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 99.9 99.1
2016-03 99.4 96.0 100.1 99.4
2016-04 99.3 96.3 100.0 99.4
2016-05 99.6 97.1 100.2 99.6
2016-06 100.1 98.5 100.5 100.2
2016-07 100.2 99.0 100.6 100.3
2016-08 100.4 98.9 100.7 100.4
2016-09 100.5 99.1 100.8 100.5
2016-10 100.4 99.5 100.8 100.6
2016-11 100.5 100.2 100.9 100.7
2016-12 100.7 100.6 101.2 101.0
2017-01 101.3 102.7 101.8 101.9
2017-02 101.7 102.9 102.1 102.2
2017-03 102.0 102.9 102.4 102.5
2017-04 102.3 102.5 102.6 102.6
2017-05 102.2 102.7 102.5 102.5
2017-06 102.2 102.3 102.6 102.5
2017-07 102.2 102.1 102.6 102.5
2017-08 102.4 102.2 102.7 102.6
2017-09 102.2 102.5 102.6 102.5
2017-10 103.0 103.4 103.2 103.2
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
2018-02 104.1 105.7 104.4 104.6
2018-03 104.0 105.2 104.3 104.4
2018-04 104.4 105.9 104.6 104.8
2018-05 104.8 107.2 105.1 105.4
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
2018-09 105.1 110.0 105.6 106.2
2018-10 105.3 110.5 105.7 106.4
2018-11 105.2 111.3 105.6 106.5
2018-12 105.1 109.4 105.5 106.1
2019-01 105.7 108.3 106.1 106.4
2019-02 106.3 109.3 106.7 107.1
2019-03 106.7 110.9 107.2 107.7
2019-04 106.6 111.2 107.2 107.7
2019-05 106.4 111.3 106.8 107.5
2019-06 106.2 110.6 106.5 107.1
2019-07 106.3 110.3 106.8 107.3
2019-08 106.6 110.4 106.9 107.4
2019-09 106.6 109.4 107.0 107.4
2019-10 106.4 109.6 106.9 107.3
2019-11 106.2 108.0 106.7 106.9
2019-12 106.2 107.7 106.7 106.8
2020-01 106.5 109.3 107.0 107.3
2020-02 106.5 110.1 107.1 107.6
2020-03 106.6 109.2 107.1 107.4
2020-04 107.2 105.8 107.8 107.4
2020-05 108.2 106.0 108.8 108.3
2020-06 109.3 107.8 110.0 109.6
2020-07 108.7 110.2 109.4 109.5
2020-08 108.1 109.7 108.8 108.9
2020-09 107.5 108.9 108.1 108.1

Production costs in construction

  • Source: INSEE.

Material cost rebounded in civil engineering and decreased slightly in specialised works for civil engineering

In Q3 2020, the cost of materials rebounded in civil engineering (+7.4% after –7.1% in the previous quarter) led by the increase in bitumen prices. It also rebounded in construction works on existing buildings (+0.5% after –0.5%), led by the increase in electrical equipment prices. It was virtually stable in buildings construction (+0.1% as the previous quarter) and decreased slightly in specialised works for civil engineering (–0.3% after +0.3%).

Over a year, the fall of material cost shrank in civil engineering (–1.1% after –10.0% in the second quarter 2020). The cost decreased once more in specialised works for civil engineering (–0.3% after –0.6%) and in buildings construction (–0.2% after –0.7%). It increased slightly in construction works on existing buildings (+0.3% after –1.2%).

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
2019-12 103.0 107.6 103.3 101.3
2020-01 103.4 111.8 103.5 102.0
2020-02 103.2 114.2 103.6 102.1
2020-03 103.3 112.9 103.7 102.3
2020-04 103.0 104.6 103.4 102.5
2020-05 103.4 103.9 103.0 102.5
2020-06 103.7 106.3 103.0 102.2
2020-07 103.2 113.1 103.2 102.0
2020-08 103.4 112.9 103.8 102.1
2020-09 103.8 112.1 104.1 102.1

Materials cost

  • Source: INSEE.

Equipments cost increased in civil engineering works and in buildings construction

In Q3 2020, equipments cost rebounded in civil engineering works over a quarter (+1.2% after –1.4% in the previous quarter). In buildings construction, it increased slightly (+0.2% after +0.3%).

Over a year, equipments cost remained down in civil engineering works (–1.3% after –2.0% in the previous quarter) while it accelerated in buildings construction (+2.5% after +2.0%)

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
2019-09 101.9 101.7
2019-10 101.2 102.4
2019-11 100.6 102.0
2019-12 100.7 102.9
2020-01 100.0 103.2
2020-02 100.5 103.9
2020-03 101.1 104.2
2020-04 99.2 103.9
2020-05 99.1 104.1
2020-06 99.2 104.3
2020-07 100.1 104.2
2020-08 100.4 104.4
2020-09 100.5 104.4

Equipment cost

  • Source: INSEE

Energy cost rebounded slightly in buildings construction

In Q3 2020, the cost of energy rebounded slightly both in buildings construction (+2.3% after –13.9%) and in civil engineering works (+3.2% after –15.1%), driven up by diesel and heavy fuel prices which increased at the end of the first lockdown.

Over a year, the cost of energy remained significantly lower in buildings construction (–14.0% after –18.0%) as in civil engineering (–14.6% after –19.8%).

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
2019-11 124.8 120.8
2019-12 126.7 122.9
2020-01 127.5 124.0
2020-02 121.3 119.7
2020-03 112.7 108.5
2020-04 105.4 99.8
2020-05 101.1 97.6
2020-06 104.6 101.6
2020-07 107.2 103.7
2020-08 106.7 103.6
2020-09 104.2 101.2

Energy cost

  • Source: INSEE.

Labour costs in construction decreased

In Q3 2020, labour costs in construction decreased (–3.4% after –5.4% in the previous quarter). Over a year, they slowed down (+2.1% after +7.0%).

Revision

In Q2 2020, the variation in producer costs in construction has been strongly revised: +0.9% versus –0.5% as published in September 2020, mainly due to the revision of the labour cost index. To learn more about it: https://www.insee.fr/en/statistiques/4997135

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 as inputs for the national accounts and macroeconomics analyses.

Next issue: end of March 2021

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 as inputs for the national accounts and macroeconomics analyses.

Next issue: end of March 2021

: bureau-de-presse@insee.fr

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Time series: Producer costs indices for construction