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.
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%).
tableau tablo1 – Variations in producer cost indices for construction
|NAF||Heading||Weights (in %)||Dec. 15/ Nov. 15||Dec. 15 / Dec. 14|
|41.2||Construction of buildings||10.1||+0.1||-0.5|
|43||Specialised construction works||73.7||0.0||-0.2|
|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
tableau tablo2 – Items of producer cost indices for construction
|Costs||items||Q4 15 / Q3 15||Dec. 15/ Nov. 15||Dec. 15 / Dec. 14|
|Labour||Labour costs in construction||+1.9||///||+1.5|
|Materials||Construction of buildings||-1.5||-0.8||-3.3|
|Specialised works for civil engineering||-1.0||-0.6||-1.7|
- 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.
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.
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%).
tableau revision – Revisions of variations in the costs of production indices in construction
|Sept. 15||Oct. 15||Nov. 15|
|41.2||Construction of buildings||0.1||0.2||0.3|
|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