In July 2015, producer costs for construction were stableCosts of production indices in construction - July 2015

In July 2015, production costs in construction were on the whole stable ; they were virtualy stable in each field of activity. Over a year, the production costs in construction continued to decrease (–1.0%) due to a sharp decrease in civil engineering (–4.6%), and to a moderate decline in the construction of buildings (–0.3%) and in specialised construction works (–0.2%).

In July 2015, production costs in construction were on the whole stable ; they were virtualy stable in each field of activity. Over a year, the production costs in construction continued to decrease (–1.0%) due to a sharp decrease in civil engineering (–4.6%), and to a moderate decline in the construction of buildings (–0.3%) and in specialised construction works (–0.2%).

tablo1 – Producer cost indices for construction

In %
Producer cost indices for construction
NAF Heading Weights (in %) July 15/ June 15 July 15/ July 14
F Construction 100.0 + 0.0 – 1.0
41.2 Construction of buildings 10.1 + 0.1 – 0.3
42 Civil engineering 16.2 – 0.2 – 4.6
43 Specialised construction works 73.7 + 0.1 – 0.2
43BT Buildings 64.2 + 0.1 + 0.2
43BTC New buildings 24.6 + 0.1 – 0.2
43BTR Existing buildings 39.6 + 0.2 + 0.5
43TP Specialised works for civil engineering 9.5 – 0.2 – 3.4
BT Buildings (41.2 + 43BT) 74.3 + 0.1 + 0.2
TP Public works (42 + 43TP) 25.7 – 0.2 – 4.2
  • Source: INSEE

tablo2 – Items of producer cost indices for construction

In %
Items of producer cost indices for construction
Costs items Q2 15 / Q1 15 Q3 15 / Q2 15 July 15/ June 15 July 15/ July 14
Equipment Buildings - structural works + 0.1 + 0.1 – 0.3 + 2.1
Buildings - finishing 0.0 + 0.1 – 0.7 + 4.0
Public works – 0.1 0.0 + 0.1 – 0.6
Labour Labour costs in construction – 0.4 /// /// ////
Energy Buildings + 4.3 2.5 – 2.3 – 9.1
Public works + 5.7 4.5 – 3.8 – 12.2
Material Construction of buildings – 0.1 – 0.4 – 0.1 – 2.0
Existing buildings – 0.3 0.0 0.0 – 0.9
Civil engineering + 1.7 – 0.1 – 0.3 – 11.0
Specialised works for civil engineering – 0.1 – 0.3 – 0.2 – 0.9
Services Construction + 0.2 + 1.3 + 1.1 + 1.0
Transport Buildings + 1.3 – 0.5 – 0.4 – 1.7
Public works + 1.0 0.0 0.0 – 0.9
  • ///: Non-published estimation
  • Source: INSEE

GRCoutUK – Production costs in construction

  • Source: INSEE

Materials

In July 2015, materials costs decreased slightly in civil engineering (–0.3%) and in specialised works for civil engineering (–0.2%). They were virtualy stable in construction of buildings (–0.1%); the fall in prices of bitumen (–4.2%) and cement prices (–0.6%) were almost offset by the increase in prices of other materials (notably blocks and slabs, ribbed bars, sandstone tiles). Material costs were stable in the renovation of existing buildings.

GRMUK – Materials costs

  • Source: INSEE

Equipment

In July 2015, equipment costs fell back in finishing (–0.7% after +0.6%), due to lower prices of machine tools. To a lesser extent, they also declined in structural works (–0.3%). They were flat in public works (+0.1%).

GRKUK – Equipment cost

  • Source: INSEE

GRtravailUK – Labour cost in construction

  • Source: INSEE

Energy

In July 2015, energy costs fell again in construction of buildings (–2.3% after –1.3%, –9.1% over a year), due to the decrease in diesel oil prices. It slipped somewhat more in public works (–3.8% after –1.6%; –12.2% over a year), due to a new decline in the price of heavy fuel oil.

GRenergie – Energy cost

  • Source: INSEE

revisionUK – Revisions of costs of production indices in construction

In points
Revisions of costs of production indices in construction
Mar. 15 Apr. 15 May. 15
F Construction /// /// –0.1
41.2 Construction of buildings /// /// –0.1
42 Civil engineering /// /// –0.2
43 Specialised construction works /// /// –0.1
  • Reading note: producer cost for construction between May and June 2015 published in September 2015 has been updated from 0.0% to –0.1%, that is to say a downward revision by 0.1 point.
  • Source: INSEE