14 January 2016
2016In October 2015, producer costs for construction decreased slightly Costs of production indices in construction - October 2015
In October 2015, producer costs in construction decreased slightly (+0.2%) after a steeper decline in September (–0.6%). They decreased more in civil engineering (–0.5%) than in building construction (–0.2%) and in specialised construction activities (–0.1%).
In October 2015, producer costs in construction decreased slightly (+0.2%) after a steeper decline in September (–0.6%). They decreased more in civil engineering (–0.5%) than in building construction (–0.2%) and in specialised construction activities (–0.1%).
Over a year, producer costs in construction continued to decline (–2.1%), mainly in civil engineering (–6.3%). They also decreased in construction of buildings (–1.4%) and in specialised construction activities (–1.3%).
tableautablo1 – Producer cost indices for construction
| NAF | Heading | Weights (in %) | Oct. 15/ Sept. 15 | Oct. 15 / Oct. 14 |
|---|---|---|---|---|
| F | Construction | 100.0 | –0.2 | –2.1 |
| 41.2 | Construction of buildings | 10.1 | –0.2 | –1.4 |
| 42 | Civil engineering | 16.2 | –0.5 | –6.3 |
| 43 | Specialised construction works | 73.7 | –0.1 | –1.3 |
| 43BT | Buildings | 64.2 | –0.1 | –0.8 |
| 43BTC | New buildings | 24.6 | –0.2 | –1.3 |
| 43BTR | Existing buildings | 39.6 | –0.0 | –0.6 |
| 43TP | Specialised works for civil engineering | 9.5 | –0.4 | –4.5 |
| BT | Buildings (41.2 + 43BT) | 74.3 | –0.1 | –0.9 |
| TP | Public works (42 + 43TP) | 25.7 | –0.4 | –5.6 |
- Source: INSEE
tableautablo2 – Items of producer cost indices for construction
| Costs | items | Q3 15 / Q2 15 | Oct. 15/ Sept. 15 | Oct. 15 / Oct. 14 | |
|---|---|---|---|---|---|
| Equipment | Buildings | +0.7 | –0.2 | +2.3 | |
| Public works | +0.4 | –0.3 | +1.1 | ||
| Labour | Labour costs in construction | 0.0 | /// | /// | |
| Energy | Buildings | –6.3 | 0.0 | –13.0 | |
| Public works | –8.4 | –0.5 | –14.8 | ||
| Material | Construction of buildings | –0.7 | –0.6 | –3.1 | |
| Existing buildings | –0.1 | –0.2 | –1.7 | ||
| Civil engineering | –1.6 | –1.2 | –14.5 | ||
| Specialised works for civil engineering | –0.1 | –0.5 | –1.4 | ||
| Services | Construction | +0.6 | +0.3 | +0.4 | |
| Transport | Buildings | –1.6 | +0.3 | –2.9 | |
| Public works | –0.4 | 0.0 | –1.0 | ||
- ///: non published estimation
- Source: INSEE
graphiqueGRCoutUK – Production costs in construction
- Source: INSEE
Materials costs continued to decline
In October 2015, materials costs decreased again clearly in civil engineering (–1.2% after –3.8%); over a year, they fell by almost 15% in this sector. They dipped more moderatly in construction of buildings (–0.6%), specialised works for civil engineering (–0.5%) and in the renovation of existing buildings (–0.2%). The drop of prices of bitumen (–4.5% after –14.1%) and that of serrated or ribbed bars for reinforced concrete (–3.5%) explain most of the fall of material costs.
graphiqueGRMUK – Materials costs
- Source: INSEE
Equipment cost dipped slightly
In October 2015, equipment costs decreased slightly in construction of buildings (–0.2%) and in publics works (–0.3%) reflecting the fall in the prices of machine for construction.
graphiqueGRKUK – Equipment cost
- Source: INSEE
graphiqueGRtravailUK – Labour cost in construction
- Source: INSEE
Energy cost stopped plummeting
In October 2015, the cost of energy was flat in building construction (0.0% after –1.8%) after fives monthes of decrease. They still declined in publics works (–0.5%) but at a slower pace than in the previous month (–0.9%), reflecting the slighter drop in prices of non–road diesel fuel. Energy costs remained lower than a year ago in public works (–14.8%) as in the building construction (–13.0%); however, this decrease tends to diminish.
graphiqueGRenergie – Energy cost
- Source: INSEE
tableaurevisionUK – Revisions of costs of production indices in construction
| July 15 | August 15 | September 15 | ||
|---|---|---|---|---|
| F | Construction | /// | /// | /// |
| 41.2 | Construction of buildings | /// | +0.1 | –0.1 |
| 42 | Civil engineering | /// | /// | 0.1 |
| 43 | Specialised construction works | /// | /// | /// |
- How to read it: producer cost for construction of buildings between July and August 2015 published in December 2015 has been updated from –0.1% to 0.0%, that is to say an upward revision by 0.1 points.
- Source: INSEE
Pour en savoir plus
Time series : Producer cost indices for construction
