Informations rapides
21 March 2016
2016- n° 72
In 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.

Informations rapides
No 72
Paru le :Paru le21/03/2016
Prochaine parution le : 24/09/2024 at 12:00 - second quarter 2024

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%).

tablo1Variations in producer cost indices for construction

In %
Variations in producer cost indices for construction (In %)
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

tablo2Items of producer cost indices for construction

In %
Items of producer cost indices for construction (In %)
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

GRCoutUKProduction 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.

GRMUKMaterials 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.

GRKUKEquipment cost

  • Source: INSEE

GRtravailUKLabour 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%).

GRenergieEnergy cost

  • Source: INSEE

revisionRevisions of variations in the costs of production indices in construction

In points
Revisions of variations in the costs of production indices in construction (In points)
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

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