In November 2015, producer costs for construction decreased slightly (−0,1%)Costs of production indices in construction - November 2015

In November 2015, producer costs in construction decreased slightly again (-0.1% after -0.2%). They decreased since July 2015. In November, costs slipped in civil engineering (-0.2%), construction of buildings (-0.2%) and specialised construction activities (-0.1%).

In November 2015, producer costs in construction decreased slightly again (−0.1% after −0.2%). They decreased since July 2015. In November, costs slipped in civil engineering (−0.2%), construction of buildings (−0.2%) and specialised construction activities (−0.1%).

Over a year, producer costs in construction continued to decline (−1.9% after −2.1%), mainly in civil engineering (−5.4%). They also decreased in construction of buildings (−1.3%) and in specialised construction activities (−1.2%).

tablo1 – Variations in producer cost indices for construction

In %
Variations in producer cost indices for construction
NAF Heading Weights (in %) Nov. 15/ Oct. 15 Nov. 15 / Nov. 14
F Construction 100.0 - 0.1 - 1.9
41.2 Construction of buildings 10.1 - 0.2 - 1.3
42 Civil engineering 16.2 - 0.2 - 5.4
43 Specialised construction works 73.7 - 0.1 - 1.2
43BT Buildings 64.2 0.0 - 0.8
43BTC New buildings 24.6 - 0.1 - 1.2
43BTR Existing buildings 39.6 0.0 - 0.6
43TP Specialised works for civil engineering 9.5 - 0.1 - 4.0
BT Buildings (41.2 + 43BT) 74.3 - 0.1 - 0.9
TP Public works (42 + 43TP) 25.7 - 0.1 - 4.8
  • Source: INSEE

tablo2 – Items of producer cost indices for construction

In %
Items of producer cost indices for construction
Costs items Q3 15 / Q2 15 Nov. 15/ Oct. 15 Nov. 15 / Nov. 14
Equipment Buildings + 0.7 + 1.2 + 2.3
Public works + 0.4 + 0.4 + 0.5
Labour Labour costs in construction 0.0 /// ///
Energy Buildings - 6.3 - 0.6 - 11.4
Public works - 8.4 - 0.4 - 12.2
Materials Construction of buildings - 0.7 - 0.4 - 2.9
Existing buildings - 0.1 - 0.5 - 1.8
Civil engineering - 1.5 - 0.6 - 12.5
Specialised works for civil engineering - 0.0 - 0.5 - 1.5
Services Construction + 0.6 - 0.4 + 0.4
Transport Buildings - 1.6 - 0.1 - 2.7
Public works - 0.4 0.0 - 1.0
  • ///: non published estimation
  • Source: INSEE

GRCoutUK – Production costs in construction

  • Source: INSEE

Material costs declined again

In November 2015, material costs decreased again in civil engineering (−0.6%), less quickly thus than during the previous months; over a year, they fell by almost 13% in this sector. Materials were cheaper in the renovation of existing buildings (−0.5%), construction of buildings (−0.4%) and in specialised works for civil engineering (−0.5%). The drop of prices of bitumen (−2.9% after −4.5%), of iron tubes (−1.5%) and of plastic profiles (−1.4%) explained most of the fall of materials costs.

GRMUK – Materials costs

  • Source: INSEE

Equipment cost

In November 2015, equipment costs increased in construction of buildings (+1.2%) and in public works (+0.4%) reflecting the rise in the prices of machines for construction.

GRKUK – Equipment cost

  • Source: INSEE

GRtravailUK – Labour cost in construction

  • Source: INSEE

Energy cost diminished

In November 2015, the cost of energy declined in building construction (−0.6%) and in public works (−0.4%), reflecting the drop in prices of diesel fuel (−0.6%) and of heavy fuel (−2.4%). Energy costs remained much lower than a year ago in public works (−12.2%) as in building construction (−11.4%).

GRenergie – Energy cost

  • Source: INSEE

revisionUK – Revisions of variations in the costs of production indices in construction

In points
Revisions of variations in the costs of production indices in construction
August 15 September 15 October 15
F Construction /// /// 0.1
41.2 Construction of buildings /// /// 0.1
42 Civil engineering 0.1 -0.1 0.1
43 Specialised construction works /// /// ///
  • How to read it: producer cost for construction in October 2015 published in January 2016 has been updated from −0.2% to −0.1%, that is to say an upward revision by 0.1 points.
  • Source: INSEE