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

In February 2015, producer costs for construction increased slightly in construction (+0.2% after –0.4%; –1.5% over a year). They rose in construction of buildings (+0.1%), in specialised construction works (+0.2%) and in civil engineering (+0.3 %), due to the rebound of energy prices.

In February 2015, producer costs for construction increased slightly in construction (+0.2% after –0.4%; –1.5% over a year). They rose in construction of buildings (+0.1%), in specialised construction works (+0.2%) and in civil engineering (+0.3 %), due to the rebound of energy prices.

tablo1 – Producer cost indices for construction

In %
Producer cost indices for construction
NAF Heading Weights (in %) Feb. 15/ Jan. 14 Feb. 15/ Feb. 14
F Construction 100.0 +0.2 -1.5
41.2 Construction of buildings 10.1 +0.1 -0.3
42 Civil engineering 16.2 +0.3 -6.2
43 Specialised construction works 73.7 +0.2 -0.6
43BT of which for buildings 64.2 +0.1 +0.0
43BTC of which for new building 24.6 +0.1 -0.3
43BTR of which for old buildings 39.6 +0.1 +0.3
43TP Specialised works for civil engineering 9.5 +0.7 -4.8
BT Buildings (41.2 + 43BT) 74.3 +0.1 -0.0
TP Public works (42 + 43TP) 25.7 +0.5 -5.7
  • 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 Feb. 15/ Jan. 14 Feb. 15/ Feb. 14
Equipment Buildings - structural works +0.2 +1.2 -0.0 +1.7
Buildings - finishing -0.3 +2.3 -0.1 +1.9
Public works -0.1 +0.5 +0.1 -0.7
Labour Labour costs in construction +0.4 /// /// ///
Energy Buildings -5.2 -6.8 +5.0 -11.5
Public works -20.0 -7.8 +17.3 -20.7
Material Construction of buildings -0.8 -0.8 +0.1 -1.9
Existing buildings -0.1 -0.7 -0.1 -0.9
Civil engineering -3.5 -9.1 -1.4 -13.5
Specialised works for civil engineering -0.3 -0.3 -0.4 -0.9
Services Construction -0.7 +0.3 +0.4 +0.4
Transport Buildings -0.9 -1.4 +1.0 -1.9
Public works -0.2 0.0 0.0 -0.3
  • ///: non-published estimation.
  • Source: INSEE

Materials

In February 2015, prices of materials for construction of buildings were virtually stable (+0.1%), the rebound of prices in profiled steel (+0.9%), being offset by the fall in prices of non-alloy steel products (-0.8%). In civil engineering, the prices of materials kept declining (–1.4%), due to the drop of bitumen (-5.3%).

GRCoutUK – Producer costs in construction

  • Source: INSEE

Energy

In February 2015, cost of energy recovered strongly in building construction (+5.0% after -5,3%; –11.5% over a year), due to the rebound of oil prices. It increased even more in civil engineering (+17.3%; -20.7% over a year), due to the sharp rise in price of heavy fuel oil (+25.3%; - 25.0% year on year).

GRenergie – Energy cost

  • Source: INSEE

Equipment

In February 2015, the price of materials was stable in buildings - structural work and nearly stable in buildings – finishing (-0.1%) and in civil engineering (+0.1%).

GRKUK – Equipment 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
Nov. 14 Dec. 14 Jan. 15
F Construction /// /// 0.1
41.2 Construction of buildings /// /// 0.2
42 Civil engineering /// /// ///
43 Specialised construction works /// /// 0.1
  • Note: producer cost development for construction in January 2015 published in April 2015 has been updated from –0.5% to –0.4%, that is to say a revision up by 0.1 point.
  • Source: INSEE