In May 2015, producer cost indices for construction were almost stable (+0.1%)Costs of production indices in construction - May 2015

In May 2015, producer costs for construction were almost flat in construction (+0.1% after +0.1% in April; –0.6% over a year). They increased slightly in civil engineering (+0.4% after +0.3%, –3.4% over a year).

In May 2015, producer costs for construction were almost flat in construction (+0.1% after +0.1% in April; –0.6% over a year). They increased slightly in civil engineering (+0.4% after +0.3%, –3.4% over a year).

tablo1 – Producer cost indices for construction

In %
Producer cost indices for construction
NAF Heading Weights (in %) May 15/ Apr. 15 May 15/ May 14
F Construction 100.0 + 0.1 – 0.6
41.2 Construction of buildings 10.1 + 0.0 + 0.1
42 Civil engineering 16.2 + 0.5 – 3.9
43 Specialised construction works 73.7 + 0.1 + 0.1
43BT of which for buildings 64.2 + 0.0 + 0.5
43BTC of which for new building 24.6 + 0.0 + 0.1
43BTR of which for existing buildings 39.6 + 0.0 + 0.7
43TP Specialised works for civil engineering 9.5 + 0.4 – 2.6
BT Buildings (41.2 + 43BT) 74.3 + 0.0 + 0.5
TP Public works (42 + 43TP) 25.7 + 0.4 – 3.4
  • Source: INSEE

tablo2 – Items of producer cost indices for construction

In %
Items of producer cost indices for construction
Costs items Q1 15 / Q4 14 Q2 15 / Q1 15 May 15/ Apr. 15 May 15/ May 14
Equipment Buildings - structural works + 1.0 + 0.5 – 0.0 + 1.5
Buildings - finishing + 1.9 + 0.9 – 0.2 + 2.5
Public works + 0.6 + 0.3 – 0.0 – 0.3
Labour Labour costs in construction + 0.6 /// /// ///
Energy Buildings – 5.1 + 4.3 + 2.1 – 5.6
Public works – 4.6 + 5.7 + 1.3 – 6.9
Material Construction of buildings – 0.8 - 0.0 + 0.0 – 1.6
Existing buildings – 0.7 - 0.2 + 0.2 – 0.9
Civil engineering – 8.9 + 2.0 + 1.2 – 10.1
Specialised works for civil engineering – 0.4 – 0.1 + 0.3 – 0.6
Services Construction + 0.4 + 0.2 – 0.2 + 0.7
Transport Buildings – 1.4 + 0.8 + 0.4 – 1.3
Public works – 1.5 0.0 0.0 – 1.9
  • ///: non-published estimation.
  • Source: INSEE

GRCoutUK – Production costs in construction

  • Source: INSEE

Materials

In May 2015, prices of materials for construction of buildings were stable (+0.0%), the increase in the price of ribbed bars in steel (+2.2%) being offset by the fall in the price of hollow bricks and blocks (–1.1%). In civil engineering, the prices of materials increased significantly (+1.2% after +0.2%), due to the rise of the price of bitumen (+5.0% in May after –0.1% in April; –31.8% over a year).

GRMUK – Materials costs

  • Source: INSEE

Equipment

In May 2015, the equipment costs were flat, except in finishing work (–0.2% after + 0.9%, + 2.5% over a year), reflecting the price drop of "other machine tools”.

GRKUK – Equipment cost

  • Source: INSEE

GRtravailUK – Labour cost in construction

  • Source: INSEE

Energy

In May 2015, energy cost increased in construction of buildings (+2.1% after –0.3%; –5.6% over a year), impacted by the upwards of gas oil prices. It increased more slowly in civil engineering (+1.3% after +2.0%; –6.9% over a year), due to the withdrawal of heavy fuel oil prices.

GRenergie – Energy cost

  • Source: INSEE

revisionUK – Revisions of costs of production indices in construction

In points
Revisions of costs of production indices in construction
Feb. 15 Mar. 15 Apr. 15
F Construction /// /// ///
41.2 Construction of buildings /// /// ///
42 Civil engineering /// /// 0,1(1)
43 Specialised construction works /// /// ///
  • (1): producer cost for civil engineering between March and April 2015 published in July 2015 has been updated from 0.1% to 0.2%, that is to say an upward revision by 0.1 point.
  • Source: INSEE