In January 2015, costs of production indices in construction decreased (–0.5%)Costs of production indices in construction - January 2015

In January 2015, producer cost for construction decreased in construction (–0.5%; –2.0% over a year). In January 2015, producer cost for construction decreased in construction of buildings (–0.3%), in specialised construction works (–0.2%) and mainly in civil engineering (–1.9 %) due to the deep fall of prices in energy.

In January 2015, producer cost for construction decreased in construction (–0.5%; –2.0% over a year). In January 2015, producer cost for construction decreased in construction of buildings (–0.3%), in specialised construction works (–0.2%) and mainly in civil engineering (–1.9 %) due to the deep fall of prices in energy.

tablo1 – Producer cost indices for construction

Producer cost indices for construction
NAF Heading Weights (in %) Jan. 15/ Dec. 14 Jan. 15/ Jan. 14
F Construction 100.0 -0.5 -2.0
41.2 Construction of buildings 10.1 -0.3 -0.8
42 Civil engineering 16.2 -1.9 -6.9
43 Specialised construction works 73.7 -0.2 -1.0
43BT of which for buildings 64.2 -0.1 -0.3
43BTC of which for new building 24.6 -0.2 -0.8
43BTR of which for old buildings 39.6 -0.1 0.0
43TP Specialised works for civil engineering 9.5 -1.2 -5.7
BT Buildings (41.2 + 43BT) 74.3 -0.1 -0.4
TP Public works (42 + 43TP) 25.7 -1.6 -6.4
  • Source: INSEE

tablo2 – Items of producer cost indices for construction

Items of producer cost indices for construction
Costs items T4 14 / T3 14 T1 15 / T4 14 Jan. 15/ Dec. 14 Jan. 15/ Jan. 14
Equipment Buildings - structural works + 0.2 + 1.2 + 1.0 + 1.7
Buildings - finishing - 0.3 + 2.3 + 2.4 + 2.0
Public works - 0.1 + 0.4 - 0.0 - 0.8
Labour Labour costs in construction + 0.4 /// /// ///
Energy Buildings - 5.2 - 9.1 - 5.3 - 15.6
Public works - 20.0 - 15.1 - 0.0 - 32.0
Material Construction of buildings - 0.8 - 1.5 - 1.0 - 3.0
Existing buildings - 0.1 - 1.5 - 1.4 - 2.0
Civil engineering - 3.5 - 8.5 - 5.5 - 13.3
Specialised works for civil engineering - 0.3 - 0.0 + 0.2 - 1.1
Services Construction - 0.7 + 0.1 - 0.2 + 0.2
Transport Buildings - 0.9 - 1.9 - 1.1 - 2.8
Public works - 0.2 0.0 0.0 - 0.3
  • In %
  • ///: non-published estimation.
  • Source: INSEE

Materials

In January 2015, prices of materials for construction of buildings decreased (–1.0%), mainly due to the fall of prices in profiled steel (–3.0%) and in bitumen (–21.6%), despite an increase in prices of bricks (+3.2%). In civil engineering, which also uses these products, the drop of materials prices was bigger (-5.5%) due to greater use of bitumen.

GRCoutUK – Production costs in construction

Energy

January 2015, cost of energy decreased in buildings (–5,3%; –15,6% over a year), due to lower prices of diesel oil (–5.3%). They are flat in civil engineering (–0.0%; -32.0% over a year), despite an increased of prices of heavy fuel oil (+3.8%; -39.7% over a year).

GRenergie – Energy cost

  • Source: INSEE

Equipment

In January 2015, equipment cost increased in buildings - structural works (+1.0%) and in buildings – finishing (+2.4%) and is flat in civil engineering.

GRMUK – Equipment cost

  • Source: INSEE

GRtravailUK – Labour cost in construction

  • Source: INSEE

GRKUK – Materials costs

  • Source: INSEE

revisionUK – Revisions of costs of production indices in construction

Revisions of costs of production indices in construction
Oct. 14 Nov. 14 Dec. 14
F Construction /// 0.1 ///
41.2 Construction of buildings 0.1 0.1 ///
42 Civil engineering /// 0.2 -0.1
43 Specialised construction works 0.1 /// ///
  • In point
  • Source: INSEE
  • Note: Revisions of costs of production indices Civil engineering for December 2014 published in March 2015 id update down by 0.1 point. These revisions took in account the publication of labour cost index published the 31rst of March 2015.