18 December 2015
2015- n° 314In September 2015, producer costs for construction decreased again Costs of production indices in construction - September 2015
In September 2015, producer costs in construction decreased compared to the previous month (–0.6% after –0.3%). They decreased sharply in civil engineering (–1.4%), more moderately in specialised construction activities (–0.4%) and in building construction (–0.4%).
In September 2015, producer costs in construction decreased compared to the previous month (–0.6% after –0.3%). They decreased sharply in civil engineering (–1.4%), more moderately in specialised construction activities (–0.4%) and in building construction (–0.4%).
Over a year, producer costs in construction continued to decline (–1.9%). In civil engineering the drop was more marked (–6.2% after –4.7%). To a lesser extent, prices also decreased in construction of buildings (–1.1%) and in specialised construction activities (–1.1%).
tableautablo1 – Producer cost indices for construction
| NAF | Heading | Weights (in %) | Sept. 15/ Aug. 15 | Sept. 15 / Sept. 14 |
|---|---|---|---|---|
| F | Construction | 100.0 | -0.6 | -1.9 |
| 41.2 | Construction of buildings | 10.1 | -0.4 | -1.1 |
| 42 | Civil engineering | 16.2 | -1.4 | -6.2 |
| 43 | Specialised construction works | 73.7 | -0.4 | -1.1 |
| 43BT | Buildings | 64.2 | -0.3 | -0.5 |
| 43BTC | New buildings | 24.6 | -0.4 | -1.0 |
| 43BTR | Existing buildings | 39.6 | -0.3 | -0.3 |
| 43TP | Specialised works for civil engineering | 9.5 | -1.0 | -4.6 |
| BT | Buildings (41.2 + 43BT) | 74.3 | -0.3 | -0.6 |
| TP | Public works (42 + 43TP) | 25.7 | -1.3 | -5.6 |
- Source: INSEE
tableautablo2 – Items of producer cost indices for construction
| Costs | items | Q2 15 / Q1 15 | Q3 15 / Q2 15 | Sept. 15/ Aug. 15 | Sept. 15/ Sept. 14 | |
|---|---|---|---|---|---|---|
| Equipment | Buildings | +0.1 | +0.5 | +0.2 | +3.2 | |
| Public works | -0.3 | -0.1 | -0.1 | +0.7 | ||
| Labour | Labour costs in construction | -0.2 | 0.0 | 0.0 | +0.1 | |
| Energy | Buildings | +4.3 | -6.3 | -1.8 | -14.4 | |
| Public works | +5.8 | -8.4 | -0.9 | -17.2 | ||
| Material | Construction of buildings | -0.1 | -0.6 | -0.8 | -2.7 | |
| Existing buildings | -0.3 | -0.1 | -0.5 | -1.5 | ||
| Civil engineering | +2.5 | -1.5 | -3.8 | -13.9 | ||
| Specialised works for civil engineering | 0.0 | -0.1 | -0.5 | -1.2 | ||
| Services | Construction | +0.2 | +0.6 | -1.4 | +0.2 | |
| Transport | Buildings | +1.3 | -1.6 | -0.4 | -3.4 | |
| Public works | +0.8 | -0.4 | 0.0 | -1.4 | ||
- Source: INSEE
graphiqueGRCoutUK – Production costs in construction
- Source: INSEE
Materials
In September 2015, materials costs decreased sharply in civil engineering (–3.8%). They dipped more moderatly in construction of buildings (–0.8%), specialised works for civil engineering (–0.5%) and in the renovation of existing buildings (–0.5%). The drop of prices of bitumen (–14.8%) and of ready-mixed concrete (–3.0%) explain most of the fall of material costs.
graphiqueGRMUK – Materials costs
- Source: INSEE
Equipment
In September 2015, material costs rose slightly in construction of buildings (+0.2%) following the change in the prices of machine tools. They remained virtually stable in publics works (–0.1%).
graphiqueGRKUK – Equipment cost
- Source: INSEE
graphiqueGRtravailUK – Labour cost in construction
- Source: INSEE
Energy
In September 2015, the cost of energy declined less steeply in building construction (–1.8% after –5.1%), echoing the decline of the prices of diesel oil. The cost of energy also decreased less quickly in publics works (–0.9% after –5.9%) because the fall of the prices of fuel oil lessened. Over a year, the cost of energy fell markelly in construction of buildings (–14.4%) and in public works (–17.2%).
graphiqueGRenergie – Energy cost
- Source: INSEE
tableaurevisionUK – Revisions of costs of production indices in construction
| June 15 | July 15 | August 15 | ||
|---|---|---|---|---|
| F | Construction | /// | -0.1 | 0.1 |
| 41.2 | Construction of buildings | /// | -0.1 | /// |
| 42 | Civil engineering | /// | /// | 0.1 |
| 43 | Specialised construction works | /// | -0.1 | 0.1 |
- How to read it: producer cost for construction between June and July 2015 published in November 2015 has been updated from 0.0% to -0.1%, that is to say an downward revision by 0.1 points, taking into account the latest values of the labour cost index published in the meantime.
- Source: INSEE
Pour en savoir plus
Time series : Producer cost indices for construction
