In January 2016, producer costs for construction decreased slightly (−0.2%)Costs of production indices in construction - January 2016
In January 2016, producer costs in construction decreased slightly (-0.2%). They slipped again in civil engineering (-0.9%), while they were stable in construction of buildings and in specialised construction activities.
In January 2016, producer costs in construction decreased slightly (−0.2%). They slipped again in civil engineering (−0.9%), while they were stable in construction of buildings and in specialised construction activities.
Over a year, producer costs in construction continued to decline (−0.4% after −0.9%). They fell significantly in civil engineering (−2.7%) and more moderately in construction of buildings (−0.3%). However, they recovered slightly in specialised construction activities (+0.2%).
tableau tablo1 – Variations in producer cost indices for construction
|NAF||Heading||Weights (in %)||Jan. 15/ Dec. 15||Jan. 16 / Jan. 15|
|41.2||Construction of buildings||10.1||0.0||-0.3|
|43||Specialised construction works||73.7||0.0||+0.2|
|43TP||Specialised works for civil engineering||9.5||-0.5||-1.7|
|BT||Buildings (41.2 + 43BT)||74.3||0.0||+0.3|
|TP||Public works (42 + 43TP)||25.7||-0.8||-2.3|
- Source: INSEE
tableau tablo2 – Items of producer cost indices for construction
|Costs||items||Q4 15 / Q3 15||Jan. 16/ Dec. 15||Jan. 16 / Jan. 15|
|Labour||Labour costs in construction||+1.3||+0.6||+2.1|
|Materials||Construction of buildings||-1.5||-0.5||-3.4|
|Specialised works for civil engineering||-1.0||+0.5||-1.7|
- Source: INSEE
In January 2016, material costs decreased sharply in civil engineering (−2.8%); over a year, they fell by 8.6%. Materials cost a little less in construction of buildings (−0.5%) and in renovation of existing buildings (−0.1%). These decreases were mainly explained by the drop in prices of steel products (−4.4 %) and ribbed bars (−3.7 %). On the contrary, material costs in specialised construction activities increased by 0.5% notably due to the rise in prices of cement (+2.7%) and of gravel and sand (+0.4%).
Equipment costs decreased slightly
In January 2016, equipment costs decreased slightly in construction of buildings (−0.4%) after a stronger decline in December. They were stable in public works.
Energy costs diminished further
In January 2016, the cost of energy declined markedly again in building construction (−4.1 %) due to the fall in prices of diesel fuel. They shrank less in public works (−1.6%) on account to the increase in prices of heavy fuel (+10,6 %), consecutive to the rise of TIPCE (tax on energy). Energy costs remained much lower than a year ago in public works (−9.2%) as in building construction (−8.2%).
tableau revision – Measure of variations' revisions
|Oct. 15||Nov. 15||Dec. 15|
|41.2||Construction of buildings||0.1||///||-0.1|
|43||Specialised construction works||///||///||///|
- How to read it: producer cost variation for construction in October 2015 published in March 2016 has been updated from +0.1% to +0.2%, that is to say an upward revision by 0.1 points.
- Source: INSEE