In March 2015, producer cost indices for construction increased slightly (+0.2%)Costs of production indices in construction - March 2015

In March 2015, producer costs for construction increased slightly again in construction (+0.2% after +0.1%; –1.4% over a year). They were stable in construction of buildings and in specialised construction works. They kept on recovering in civil engineering (+0.7% after +0.1%, -5.7% over a year).

In March 2015, producer costs for construction increased slightly again in construction (+0.2% after +0.1%; –1.4% over a year). They were stable in construction of buildings and in specialised construction works. They kept on recovering in civil engineering (+0.7% after +0.1%, -5.7% over a year).

tablo1 – Producer cost indices for construction

In %
Producer cost indices for construction
NAF Heading Weights (in %) Mar. 15/ Feb. 15 Mar. 15/ Mar. 14
F Construction 100.0 + 0.2 - 1.4
41.2 Construction of buildings 10.1 0.0 - 0.3
42 Civil engineering 16.2 + 0.7 - 5.7
43 Specialised construction works 73.7 0.0 - 0.5
43BT of which for buildings 64.2 0.0 + 0.1
43BTC of which for new building 24.6 0.0 - 0.3
43BTR of which for existing buildings 39.6 0.0 + 0.3
43TP Specialised works for civil engineering 9.5 + 0.5 - 4.5
BT Buildings (41.2 + 43BT) 74.3 0.0 0.0
TP Public works (42 + 43TP) 25.7 + 0.6 - 5.3
  • Source: INSEE

tablo2 – Items of producer cost indices for construction

In %
Items of producer cost indices for construction
Costs items T4 14 / T3 14 T1 15 / T4 14 Mar. 15/ Feb. 15 Mar. 15/ Mar. 14
Equipment Buildings - structural works + 0.2 + 1.0 + 0.1 + 1.7
Buildings - finishing - 0.3 + 1.9 + 0.2 + 1.6
Public works - 0.1 + 0.6 + 0.1 - 0.4
Labour Labour costs in construction + 0.5 /// /// ///
Energy Buildings - 5.2 - 5.1 + 3.0 - 7.9
Public works - 20.0 - 5.6 - 0.9 - 20.5
Material Construction of buildings - 0.8 - 0.9 - 0.1 - 1.9
Existing buildings - 0.1 - 0.8 - 0.2 - 1.0
Civil engineering - 3.5 - 9.0 + 2.3 - 12.1
Specialised works for civil engineering - 0.3 - 0.4 0.0 - 1.0
Services Construction - 0.7 + 0.3 - 0.1 + 0.4
Transport Buildings - 0.9 - 1.1 + 0.6 - 1.1
Public works - 0.5 - 1.2 0.0 - 1.8
  • ///: non-published estimation.
  • Source: INSEE

Materials

In March 2015, prices of materials for construction of buildings were virtually stable (-0.1%), the increase in the price of profiled steel (+2.5%) being offset by the fall in the price of cement (-1.2%). In civil engineering, the prices of materials recovered (+2.3% after –2.1%), due to the rebound of bitumen prices (+12.1% after –7.7%).

GRCoutUK – Production costs in construction

  • Source: INSEE

Equipment

In March 2015, the price of materials was almost stable in buildings - structural works (+0.1%) and in civil engineering (+0.1%); it increased slightly in buildings – finishing (+0.2%)

GRKUK – Equipment cost

  • Source: INSEE

Energy

In March 2015, cost of energy kept increasing in building construction (+3.0% after +5.0%; –7.9% over a year), due to the rebound of oil prices since February. In contrast, it decreased somehow in civil engineering (-0.9% after +17.3%; -20.5% over a year), due to the decrease in price of heavy fuel oil.

GRenergie – Energy cost

  • Source: INSEE

GRtravailUK – Labour cost in construction

  • Source: INSEE

GRMUK – Materials costs

  • Source: INSEE

revisionUK – Revisions of costs of production indices in construction

In points
Revisions of costs of production indices in construction
Dec. 14 Jan. 15 Feb. 15
F Construction /// /// - 0,1
41.2 Construction of buildings 0,1 - 0,1 ///
42 Civil engineering /// /// - 0,3
43 Specialised construction works 0,1 /// - 0,1
  • Reading note: producer cost for construction in February 2015 published in May 2015 has been updated from +0.2% to +0.1%, that is to say a downward revision by 0.1 point.
  • Source: INSEE