In December 2014, costs of production indices in construction decreased (-0.6%)Costs of production indices in construction - December 2014

In December 2014, producer cost for construction decreased in construction (-0,6%, -2,1% over a year). In December 2014, producer cost for construction decreased in construction of buildings (–0.2%), in specialised construction works (–0.3%) and mainly in civil engineering (–2.1 %) due to the deep fall of prices in energy.

In December 2014, producer cost for construction decreased in construction (-0,6%, -2,1% over a year). In December 2014, producer cost for construction decreased in construction of buildings (–0.2%), in specialised construction works (–0.3%) and mainly in civil engineering (–2.1 %) due to the deep fall of prices in energy.

tablo1 – Producer cost indices for construction

Producer cost indices for construction
NAF Heading Weights (in %) Dec. 14/ Nov. 14 Dec. 14/ Dec. 13
F Construction 100.0 - 0.6 - 2.1
41.2 Construction of buildings 10.1 - 0.2 - 1.5
42 Civil engineering 16.2 - 2.1 - 5.4
43 Specialised construction works 73.7 - 0.3 - 1.5
43BT of which for buildings 64.2 - 0.1 - 0.9
43BTC of which for new building 24.6 - 0.2 - 1.4
43BTR of which for old buildings 39.6 0.0 - 0.6
43TP Specialised works for civil engineering 9.5 - 1.9 - 5.0
BT Buildings (41.2 + 43BT) 74.3 - 0.1 - 1.0
TP Public works (42 + 43TP) 25.7 - 2.0 - 5.2
  • Source: INSEE

tablo2 – Items of producer cost indices for construction

Items of producer cost indices for construction
Costs items T3 14 / T2 14 T4 14 / T3 14 Dec. 14 / Nov. 14 Dec. 14 / Dec. 13
Equipment Buildings - structural works - 0.1 - 0.3 + 0.0 + 0.9
Buildings - finishing + 0.1 - 0.3 0.0 + 1.2
Public works - 1.1 - 1.1 - 0.0 - 1.4
Labour Labour costs in construction + 0.3 /// /// ///
Energy Buildings - 0.5 - 5.2 - 4.8 - 11.2
Public works - 0.2 - 20.0 - 17.0 - 32.5
Material Construction of buildings - 0.4 - 0.7 - 0.6 - 2.9
Old buildings + 0.1 - 0.1 - 0.2 - 0.6
Civil engineering - 0.0 - 3.5 - 3.2 - 7.8
Specialised works for civil engineering - 0.0 - 0.4 - 0.3 - 0.1
Services Construction + 0.7 - 0.7 + 0.6 + 0.1
Transport Buildings + 0.0 - 1.0 - 1.0 - 2.5
Public works - 0.2 - 0.2 0.0 - 0.1
  • /// : non published estimation.
  • Source: INSEE

Decrease of materials prices

Prices of materials for construction of buildings decreased in December (–0.6%), mainly due to the fall of prices in deformed bars (–1.5%) and in cement (–0.7%), despite an increase in prices of mirrors (+2.2%) and of sand and gravel (+0.5%). In civil engineering, which also uses these products, the drop of materials prices was bigger (-3.2%) due to a fall of bitumen prices (-11.1%).

GrCoutUK – Production costs in construction

  • Source: INSEE

Decrease of energy prices

In December, cost of energy decreased in civil engineering (-17.0%) and buildings (-4.8%), due to lower prices of heavy fuel oil (-24.0%) and diesel oil (–4.8%).

GRenergieUK – Energy cost

  • Source: INSEE

Stability of equipment prices

In December, equipment cost was stable in construction. Over a year, the price of the machine tools used in specialised works for existing buildings rose by 1.2%.

GRMUK – Materials costs

  • Source: INSEE

GRtravailUK – Labour cost in construction

  • Source: INSEE

GRKUK – Equipment cost

  • Source: Insee