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Informations Rapides · 16 December 2022 · n° 335
Informations rapidesIn Q3 2022, production costs in construction rose by 1.6% Costs of production indices in construction - third quarter 2022

In Q3 2022, the production costs in construction rose by 1.6% over a quarter, after +3.4% in the previous quarter. They slowed down in specialized construction works (+2.0% after +2.7%) and in buildings construction (+1.6% after +3.3%). They went down slightly in civil engineering (-0.3% after +6.7%). This was due to a sharp slowdown in costs of material in buildings construction (+1.0% after +6.7%) and by a fall of costs of material in civil engineering (-4.5% after +13.9%), owing to a sharp decrease of the petroleum bitumen prices over the quarter.

Year on year, the production costs for construction rose by 9.4% in Q3 2022 (after +10.2% in the previous quarter). They slowed down considerably in civil engineering (+14.2% after +18.3%) and in buildings construction (+9.0% after +9.9%) and, to a lesser extent, in specialized construction works (+8.3% after +8.4%).

Informations rapides
No 335
Paru le :Paru le16/12/2022
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Warning: energy item for civil engineering updated

From this publication onwards, heavy fuel is no longer taken into account in the energy item of the producer cost index in civil engineering. It is replaced by diesel fuel excluding tax which approximates the marine diesel (used, for example, in large-scale marine dredging) and by wholesale of gas on spot markets (used, for example, in produce of mixes). This updating is applied from August 2021 indices.

In Q3 2022, the production costs in construction rose by 1.6% over a quarter, after +3.4% in the previous quarter. They slowed down in specialized construction works (+2.0% after +2.7%) and in buildings construction (+1.6% after +3.3%). They went down slightly in civil engineering (-0.3% after +6.7%). This was due to a sharp slowdown in costs of material in buildings construction (+1.0% after +6.7%) and by a fall of costs of material in civil engineering (-4.5% after +13.9%), owing to a sharp decrease of the petroleum bitumen prices over the quarter.

Year on year, the production costs for construction rose by 9.4% in Q3 2022 (after +10.2% in the previous quarter). They slowed down considerably in civil engineering (+14.2% after +18.3%) and in buildings construction (+9.0% after +9.9%) and, to a lesser extent, in specialized construction works (+8.3% after +8.4%).

Variations in producer cost indices for construction

In %
Variations in producer cost indices for construction (In %)
Heading Weights (in %) Q3 2022/ Q2 2022 Q3 2022/ Q3 2021
F Construction 100.0 1.6 9.4
 41.2 Construction of buildings 10.2 1.6 9.0
 42 Civil engineering 15.9 -0.3 14.2
 43 Specialised construction works 73.9 2.0 8.3
   43BT Buildings 65.2 2.0 7.9
      43BTC New buildings 24.7 1.6 8.9
      43BTR Existing buildings 40.5 2.2 7.3
   43TP Specialised works for civil engineering 8.7 2.5 11.9
Buildings (41.2 + 43BT) 75.4 1.9 8.0
Public works (42 + 43TP) 24.6 0.7 13.4
  • Source: INSEE

Breakdown of production costs in construction

In %
Breakdown of production costs in construction (In %)
Costs Items Q3 2022/ Q2 2022 Q3 2022/ Q3 2021
Equipment Buildings 4.4 8.3
Public works 2.8 7.4
Labour Labour costs in construction 2.8 3.4
Energy Buildings -4.1 28.5
Public works 9.3 69.1
Materials Construction of buildings 1.0 15.8
Existing buildings 2.4 16.1
Civil engineering -4.5 18.9
Specialised works for civil engineering 1.6 13.7
  • Note: The labour costs in construction changes are calculated using the labor cost index – total labour costs in the construction sector. For futher information: Labor cost index in industry, construction and services
  • Source: INSEE

Production costs in construction

Production costs in construction
Construction Construction of buildings Civil engineering Specialised construction works
2022-09 124.4 123.5 134.1 122.4
2022-08 124.4 124.1 134.0 122.4
2022-07 124.0 123.5 135.6 121.6
2022-06 123.2 122.5 136.1 120.5
2022-05 122.2 121.9 134.2 119.7
2022-04 121.6 120.8 134.5 118.9
2022-03 119.8 119.0 130.0 117.7
2022-02 118.0 117.7 125.6 116.4
2022-01 117.1 116.8 123.9 115.7
2021-12 115.4 114.8 121.6 114.1
2021-11 115.4 114.8 122.1 114.1
2021-10 114.8 114.4 120.3 113.7
2021-09 114.3 114.0 119.1 113.3
2021-08 113.7 113.6 117.8 112.8
2021-07 112.9 112.9 116.7 112.1
2021-06 111.6 111.4 114.7 110.9
2021-05 110.9 110.6 113.8 110.3
2021-04 110.6 110.3 113.7 110.0
2021-03 110.3 110.0 112.9 109.8
2021-02 109.9 109.6 111.6 109.6
2021-01 109.4 109.1 110.4 109.3
2020-12 108.7 108.4 108.3 108.8
2020-11 108.2 107.9 107.6 108.3
2020-10 108.0 107.6 107.7 108.1
2020-09 108.1 107.4 108.8 108.0
2020-08 109.0 108.2 109.8 108.9
2020-07 109.6 108.8 110.3 109.6
2020-06 109.9 109.6 108.2 110.3
2020-05 108.5 108.4 106.3 109.0
2020-04 107.6 107.3 106.0 107.9
2020-03 107.5 106.6 109.3 107.2
2020-02 107.6 106.6 110.2 107.2
2020-01 107.3 106.5 109.4 107.0
2019-12 106.8 106.2 107.7 106.7
2019-11 106.9 106.3 108.1 106.8
2019-10 107.4 106.5 109.7 107.0
2019-09 107.5 106.7 109.5 107.1
2019-08 107.5 106.7 110.5 107.0
2019-07 107.3 106.4 110.3 106.8
2019-06 107.1 106.2 110.6 106.5
2019-05 107.4 106.3 111.3 106.8
2019-04 107.6 106.5 111.1 107.0
2019-03 107.6 106.5 110.8 107.0
2019-02 107.0 106.2 109.2 106.6
2019-01 106.4 105.7 108.3 106.0
2018-12 106.1 105.1 109.4 105.6
2018-11 106.5 105.2 111.3 105.6
2018-10 106.5 105.3 110.6 105.8
2018-09 106.3 105.2 110.0 105.6
2018-08 106.3 105.2 109.8 105.6
2018-07 106.0 105.0 109.3 105.5
2018-06 105.8 104.9 109.0 105.3
2018-05 105.4 104.8 107.2 105.1
2018-04 104.8 104.4 105.9 104.6
2018-03 104.4 104.0 105.2 104.3
2018-02 104.6 104.1 105.7 104.4
2018-01 104.6 104.1 105.7 104.4
2017-12 104.2 103.8 105.0 104.1
2017-11 103.7 103.3 104.2 103.7
2017-10 103.2 103.0 103.4 103.2
2017-09 102.5 102.2 102.5 102.6
2017-08 102.6 102.4 102.2 102.7
2017-07 102.5 102.2 102.1 102.6
2017-06 102.5 102.2 102.3 102.6
2017-05 102.5 102.2 102.7 102.5
2017-04 102.6 102.3 102.5 102.6
2017-03 102.5 102.0 102.9 102.4
2017-02 102.2 101.7 102.9 102.1
2017-01 101.9 101.3 102.7 101.8
2016-12 101.0 100.7 100.6 101.2
2016-11 100.7 100.5 100.2 100.9
2016-10 100.6 100.4 99.6 100.9
2016-09 100.5 100.5 99.1 100.9
2016-08 100.4 100.4 98.9 100.8
2016-07 100.3 100.2 99.0 100.6
2016-06 100.1 100.0 98.5 100.5
2016-05 99.6 99.6 97.1 100.2
2016-04 99.4 99.3 96.3 100.0
2016-03 99.4 99.4 96.0 100.1
2016-02 99.1 99.2 95.7 99.9
2016-01 99.2 99.3 96.1 99.8
2015-12 99.5 99.5 97.3 99.9
2015-11 99.7 99.6 98.2 100.0
2015-10 99.5 99.5 98.4 99.8
2015-09 99.7 99.7 98.9 99.8
2015-08 100.2 100.2 100.6 100.1
2015-07 100.4 100.2 101.7 100.1
2015-06 100.4 100.1 102.0 100.1
2015-05 100.4 100.3 101.7 100.1
2015-04 100.2 100.2 101.0 100.0
2015-03 100.2 100.2 100.8 100.1
2015-02 99.9 100.2 99.3 100.0
2015-01 99.9 100.1 100.0 99.9

Production costs in construction

  • Source: INSEE.

Materials cost

Materials cost
Construction of buildings Civil engineering Existing buildings Special works for civil engin.
2022-09 133.1 149.6 132.3 124.9
2022-08 135.2 151.5 132.6 126.1
2022-07 134.5 159.4 132.6 125.8
2022-06 134.2 163.1 131.2 125.7
2022-05 133.7 159.8 129.7 124.2
2022-04 130.9 159.1 127.4 121.1
2022-03 126.4 147.6 124.5 117.7
2022-02 124.4 140.0 122.3 116.4
2022-01 122.8 135.5 120.7 116.1
2021-12 118.3 133.7 117.8 111.2
2021-11 118.2 135.4 117.5 111.3
2021-10 117.3 131.8 116.2 110.7
2021-09 116.7 131.1 115.1 111.0
2021-08 116.1 129.1 114.3 110.6
2021-07 115.1 127.2 113.0 109.7
2021-06 112.4 122.8 111.0 108.3
2021-05 110.4 121.0 109.0 107.0
2021-04 109.7 120.7 108.0 106.3
2021-03 109.1 118.2 107.1 106.0
2021-02 107.7 114.9 106.4 105.3
2021-01 106.4 112.2 105.4 104.8
2020-12 104.4 108.4 104.3 102.3
2020-11 104.1 107.8 103.8 102.4
2020-10 103.7 108.7 103.9 102.1
2020-09 103.7 111.9 104.0 102.1
2020-08 103.4 112.9 103.7 102.1
2020-07 103.2 113.1 103.2 102.0
2020-06 103.7 106.3 103.0 102.2
2020-05 103.4 103.9 103.0 102.5
2020-04 103.0 104.6 103.4 102.5
2020-03 103.3 112.9 103.7 102.3
2020-02 103.2 114.2 103.6 102.1
2020-01 103.4 111.8 103.5 102.0
2019-12 103.0 107.6 103.3 101.3
2019-11 103.0 108.9 103.5 101.5
2019-10 103.2 112.9 103.2 101.7
2019-09 103.6 111.7 103.3 102.2
2019-08 103.8 115.3 103.4 102.4
2019-07 103.7 114.8 103.6 102.6
2019-06 104.1 116.3 104.0 102.8
2019-05 104.1 117.4 104.5 103.0
2019-04 104.1 116.1 104.5 103.1
2019-03 104.2 115.2 104.4 102.8
2019-02 104.0 111.9 104.3 102.7
2019-01 103.8 110.7 104.0 103.0
2018-12 102.8 114.7 103.4 101.1
2018-11 103.1 119.3 103.5 101.6
2018-10 103.3 116.6 103.4 101.9
2018-09 103.2 115.5 103.5 102.1
2018-08 103.1 115.3 103.6 101.9
2018-07 102.8 114.1 103.6 101.6
2018-06 103.1 113.6 103.6 101.6
2018-05 103.3 109.3 103.8 102.2
2018-04 103.1 106.7 103.3 101.8
2018-03 102.7 105.7 102.6 101.3
2018-02 102.6 106.6 102.5 101.2
2018-01 102.4 106.4 102.3 101.3
2017-12 101.4 106.0 101.5 100.1
2017-11 101.2 104.6 101.4 100.2
2017-10 101.2 103.7 101.5 99.9
2017-09 100.2 102.3 100.9 99.4
2017-08 100.2 101.7 101.2 99.2
2017-07 99.8 101.5 100.8 99.2
2017-06 100.1 101.8 100.9 99.1
2017-05 100.1 102.6 100.7 99.3
2017-04 100.2 101.5 100.6 98.9
2017-03 99.7 102.7 100.3 98.9
2017-02 99.4 102.8 100.0 99.1
2017-01 99.1 102.9 99.8 99.2
2016-12 98.2 98.5 98.9 98.2
2016-11 97.9 98.1 98.5 98.3
2016-10 97.9 96.6 98.5 98.5
2016-09 98.6 96.1 98.9 98.8
2016-08 98.5 95.7 98.9 98.7
2016-07 98.0 96.1 98.7 98.7
2016-06 97.9 94.5 98.7 98.7
2016-05 97.0 91.1 98.2 98.4
2016-04 96.2 89.6 97.9 98.3
2016-03 96.3 88.8 98.1 98.0
2016-02 96.5 88.8 98.1 98.6
2016-01 97.0 90.0 98.5 99.2
2015-12 97.8 93.8 98.8 98.6
2015-11 98.6 95.4 99.1 99.2
2015-10 99.0 96.2 99.7 99.6
2015-09 99.6 97.5 99.8 100.1
2015-08 100.3 102.1 100.2 100.6
2015-07 100.3 104.2 100.2 100.1
2015-06 100.4 104.8 100.2 100.3
2015-05 100.9 103.7 100.3 100.4
2015-04 100.8 101.8 100.2 100.2
2015-03 100.8 101.7 100.4 99.9
2015-02 100.9 97.7 100.5 100.1
2015-01 100.8 101.1 100.6 100.9

Materials cost

  • Source: INSEE.

Equipment cost

Equipment cost
Buildings Public works
2022-09 114.4 112.3
2022-08 113.3 111.9
2022-07 110.9 111.4
2022-06 108.7 108.8
2022-05 107.7 108.8
2022-04 107.8 108.9
2022-03 106.4 107.8
2022-02 106.0 108.1
2022-01 106.1 107.6
2021-12 105.1 105.3
2021-11 105.1 105.0
2021-10 104.8 104.9
2021-09 104.2 104.4
2021-08 104.3 104.0
2021-07 104.1 104.1
2021-06 103.8 103.8
2021-05 104.0 103.4
2021-04 104.0 103.6
2021-03 104.0 103.4
2021-02 104.4 103.2
2021-01 103.8 103.2
2020-12 102.9 100.4
2020-11 102.8 100.4
2020-10 104.4 100.1
2020-09 104.5 100.9
2020-08 104.4 100.7
2020-07 104.2 100.4
2020-06 104.3 99.8
2020-05 104.1 99.7
2020-04 103.9 99.8
2020-03 104.2 101.4
2020-02 103.9 100.8
2020-01 103.2 100.2
2019-12 102.9 100.7
2019-11 102.0 100.6
2019-10 102.4 101.2
2019-09 101.7 101.9
2019-08 101.7 101.5
2019-07 101.9 101.5
2019-06 101.9 101.2
2019-05 101.9 101.1
2019-04 102.4 101.4
2019-03 101.4 101.9
2019-02 100.6 101.5
2019-01 100.3 101.4
2018-12 101.2 100.6
2018-11 100.9 100.6
2018-10 100.8 100.4
2018-09 100.8 101.1
2018-08 100.6 100.9
2018-07 100.6 101.1
2018-06 100.2 101.0
2018-05 99.2 100.8
2018-04 98.3 100.7
2018-03 100.2 100.5
2018-02 100.2 100.6
2018-01 100.1 100.6
2017-12 100.1 100.1
2017-11 99.9 100.3
2017-10 100.0 100.4
2017-09 99.8 100.2
2017-08 100.0 100.2
2017-07 99.9 100.1
2017-06 99.9 100.6
2017-05 100.1 100.6
2017-04 100.2 100.6
2017-03 100.1 100.6
2017-02 99.9 100.7
2017-01 101.2 100.4
2016-12 100.7 100.0
2016-11 100.7 99.9
2016-10 101.1 99.7
2016-09 100.5 100.0
2016-08 100.3 99.9
2016-07 100.3 99.9
2016-06 101.2 100.1
2016-05 100.1 100.2
2016-04 100.7 100.1
2016-03 101.2 100.2
2016-02 100.7 100.0
2016-01 100.6 100.0
2015-12 101.9 99.7
2015-11 103.2 100.0
2015-10 101.9 100.3
2015-09 100.2 100.5
2015-08 100.2 100.8
2015-07 98.8 99.8
2015-06 99.4 99.7
2015-05 99.1 99.6
2015-04 98.5 99.7
2015-03 99.1 100.0
2015-02 98.7 100.0
2015-01 99.1 99.9

Equipment cost

  • Source: INSEE

Energy cost

Energy cost
Buildings Public works
2022-09 148.1 223.9
2022-08 158.9 216.7
2022-07 169.9 200.1
2022-06 177.4 199.5
2022-05 161.2 188.6
2022-04 158.5 198.3
2022-03 171.2 197.4
2022-02 145.8 170.1
2022-01 138.1 173.7
2021-12 131.1 158.8
2021-11 133.7 156.8
2021-10 132.4 147.7
2021-09 124.4 131.6
2021-08 123.0 125.4
2021-07 123.7 122.0
2021-06 121.3 119.1
2021-05 119.2 117.8
2021-04 117.9 118.4
2021-03 118.9 120.1
2021-02 115.5 117.8
2021-01 111.5 112.6
2020-12 108.6 109.1
2020-11 104.7 103.8
2020-10 103.9 101.6
2020-09 104.2 101.2
2020-08 106.7 103.5
2020-07 107.2 103.7
2020-06 104.6 101.6
2020-05 101.1 97.6
2020-04 105.4 99.8
2020-03 112.7 108.5
2020-02 121.3 119.7
2020-01 127.5 124.0
2019-12 126.7 122.9
2019-11 124.8 120.8
2019-10 124.8 120.3
2019-09 124.3 121.6
2019-08 122.4 118.6
2019-07 123.2 121.1
2019-06 123.6 119.9
2019-05 128.5 125.6
2019-04 127.3 127.1
2019-03 126.6 126.6
2019-02 124.5 124.8
2019-01 121.2 119.6
2018-12 123.2 119.7
2018-11 128.4 125.1
2018-10 132.0 129.3
2018-09 128.0 125.0
2018-08 125.7 123.2
2018-07 125.4 122.7
2018-06 126.9 123.1
2018-05 125.7 122.3
2018-04 121.2 119.4
2018-03 118.6 116.9
2018-02 119.3 117.3
2018-01 120.1 118.2
2017-12 110.6 109.5
2017-11 110.2 108.7
2017-10 107.6 104.7
2017-09 105.6 103.1
2017-08 103.6 100.9
2017-07 101.6 99.6
2017-06 102.6 99.6
2017-05 105.1 102.7
2017-04 107.8 105.8
2017-03 108.1 106.4
2017-02 109.7 108.8
2017-01 109.6 108.5
2016-12 101.2 102.5
2016-11 100.2 98.2
2016-10 98.9 98.0
2016-09 96.6 94.0
2016-08 95.2 93.1
2016-07 98.3 93.8
2016-06 100.7 96.7
2016-05 96.1 93.2
2016-04 91.9 88.8
2016-03 91.2 88.7
2016-02 88.2 85.8
2016-01 89.0 86.1
2015-12 92.9 87.3
2015-11 95.2 94.4
2015-10 95.8 94.8
2015-09 95.8 95.3
2015-08 97.6 96.1
2015-07 102.8 102.8
2015-06 105.3 107.4
2015-05 106.7 109.1
2015-04 104.4 107.7
2015-03 104.8 105.3
2015-02 101.7 104.1
2015-01 96.9 95.7

Energy cost

  • Source: INSEE.

Revision

The Q2 2022 variation in producer costs in construction over a quarter has been revised downwards by 0.2 points: it now stands at +3.4%, instead of +3.6% as published in September 2022.

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 slightly less than 90% 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 2023

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 slightly less than 90% 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 2023

: bureau-de-presse@insee.fr

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Time series: Producer costs indices for construction

Informations Rapides: Labor cost index in industry, construction and services