16 April 2015

2015- n° 90
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.

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N^o 90

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Materials
Energy
Equipment

tableautablo1 – 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

tableautablo2 – Items of producer cost indices for construction

Items of producer cost indices for construction
Costs		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.

graphiqueGRCoutUK – 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).

graphiqueGRenergie – Energy cost

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.

graphiqueGRMUK – Equipment cost

graphiqueGRtravailUK – Labour cost in construction

graphiqueGRKUK – Materials costs

tableaurevisionUK – 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.