21 March 2016
2016- n° 72In December 2015, producer costs for construction decreased slightly again (−0,1%) Costs of production indices in construction - December 2015
In December 2015, producer costs in construction decreased slightly again (-0.1%) as in November. They have been declining since July 2015. In December, costs slipped in civil engineering (-0.7%), were virtually stable in construction of buildings (+0.1%) and were stable in specialised construction activities.
In December 2015, producer costs in construction decreased slightly again (−0.1%) as in November. They have been declining since July 2015. In December, costs slipped in civil engineering (−0.7%), were virtually stable in construction of buildings (+0.1%) and were stable in specialised construction activities.
Over a year, producer costs in construction continued to decline (−1.0% after −1.9%), mainly in civil engineering (−4.1%). Costs decreased more moderately in construction of buildings (−0.5%) and in specialised construction activities (−0.2%).
tableautablo1 – Variations in producer cost indices for construction
| NAF | Heading | Weights (in %) | Dec. 15/ Nov. 15 | Dec. 15 / Dec. 14 |
|---|---|---|---|---|
| F | Construction | 100.0 | -0.1 | -1.0 |
| 41.2 | Construction of buildings | 10.1 | +0.1 | -0.5 |
| 42 | Civil engineering | 16.2 | -0.7 | -4.1 |
| 43 | Specialised construction works | 73.7 | 0.0 | -0.2 |
| 43BT | Buildings | 64.2 | +0.2 | +0.2 |
| 43BTC | New buildings | 24.6 | -0.1 | -0.5 |
| 43BTR | Existing buildings | 39.6 | +0.3 | +0.6 |
| 43TP | Specialised works for civil engineering | 9.5 | -0.6 | -2.8 |
| BT | Buildings (41.2 + 43BT) | 74.3 | +0.1 | 0.0 |
| TP | Public works (42 + 43TP) | 25.7 | -0.6 | -3.5 |
- Source: INSEE
tableautablo2 – Items of producer cost indices for construction
| Costs | items | Q4 15 / Q3 15 | Dec. 15/ Nov. 15 | Dec. 15 / Dec. 14 | |
|---|---|---|---|---|---|
| Equipment | Buildings | +2.5 | -1.2 | +2.5 | |
| Public works | -0.7 | -0.3 | -0.3 | ||
| Labour | Labour costs in construction | +1.9 | /// | +1.5 | |
| Energy | Buildings | -4.2 | -2.5 | -9.2 | |
| Public works | -5.5 | -6.6 | -11.0 | ||
| Materials | Construction of buildings | -1.5 | -0.8 | -3.3 | |
| Existing buildings | -0.8 | -0.4 | -2.1 | ||
| Civil engineering | -4.9 | -1.6 | -11.0 | ||
| Specialised works for civil engineering | -1.0 | -0.6 | -1.7 | ||
| Services | Construction | -0.9 | +0.8 | +0.5 | |
| Transport | Buildings | -0.7 | -0.5 | -2.1 | |
| Public works | +1.0 | 0.0 | +0.1 | ||
- Source: INSEE
graphiqueGRCoutUK – Production costs in construction
- Source: INSEE
Material costs declined again
In December 2015, material costs decreased sharply in civil engineering (−1.6%); over a year, they fell by 11%. Materials were also cheaper in construction of buildings (−0.8%), in specialised works for civil engineering (−0.6%) and in renovation of existing buildings (−0.4%). The drop in prices of casting of iron (−5.3%), of bitumen (−4.3% after −2.9%) and of cement (−1.1%) explained most of the fall of materials costs.
graphiqueGRMUK – Materials costs
- Source: INSEE
Equipment cost fell back
In December 2015, equipment costs fell back in construction of buildings (−1.2%) and in public works (−0.3%) erasing the increase of the previous month.
graphiqueGRKUK – Equipment cost
- Source: INSEE
graphiqueGRtravailUK – Labour cost in construction
- Source: INSEE
Energy cost diminished further
In December 2015, the cost of energy declined markedly in public works (−6.6%) and in building construction (−2.5%), reflecting the drop in prices of heavy fuel (−22.3%) and of diesel fuel (−2.5%). Energy costs remained much lower than a year ago in public works (−11.0%) as in building construction (−9.2%).
graphiqueGRenergie – Energy cost
- Source: INSEE
tableaurevision – Revisions of variations in the costs of production indices in construction
| Sept. 15 | Oct. 15 | Nov. 15 | ||
|---|---|---|---|---|
| F | Construction | /// | 0.3 | 0.3 |
| 41.2 | Construction of buildings | 0.1 | 0.2 | 0.3 |
| 42 | Civil engineering | 0.1 | 0.1 | 0.2 |
| 43 | Specialised construction works | /// | 0.4 | 0.4 |
- How to read it: producer cost for construction in October 2015 published in January 2016 has been updated from −0.1% to +0.2%, that is to say an upward revision by 0.3 points, taking into account the latest values of the labour cost index.
- Source: INSEE
Pour en savoir plus
Time series : Producer cost indices for construction
