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%).

tablo1 – Variations in producer cost indices for construction

In %
Variations in producer cost indices for construction
NAF Heading Weights (in %) Jan. 15/ Dec. 15 Jan. 16 / Jan. 15
F Construction 100.0 -0.2 -0.4
41.2 Construction of buildings 10.1 0.0 -0.3
42 Civil engineering 16.2 -0.9 -2.7
43 Specialised construction works 73.7 0.0 +0.2
43BT Buildings 64.2 +0.1 +0.5
43BTC New buildings 24.6 -0.1 -0.2
43BTR Existing buildings 39.6 +0.2 +1.0
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

tablo2 – Items of producer cost indices for construction

In %
Items of producer cost indices for construction
Costs items Q4 15 / Q3 15 Jan. 16/ Dec. 15 Jan. 16 / Jan. 15
Equipment Buildings +2.7 -0.4 +2.7
Public works -0.3 0.0 0.0
Labour Labour costs in construction +1.3 +0.6 +2.1
Energy Buildings -4.2 -4.1 -8.2
Public works -5.5 -1.6 -9.2
Materials Construction of buildings -1.5 -0.5 -3.4
Existing buildings -0.8 -0.1 -1.6
Civil engineering -4.9 -2.8 -8.6
Specialised works for civil engineering -1.0 +0.5 -1.7
Services Construction -0.9 -0.4 +0.1
Transport Buildings -0.7 -0.7 -1.2
Public works +1.0 0.0 +1.4
  • Source: INSEE

GRCoutUK – Production costs in construction

  • 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%).

GRMUK – Materials costs

  • Source: INSEE

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.

GRKUK – Equipment cost

  • Source: INSEE

GRtravailUK – Labour cost in construction

  • Source: INSEE

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%).

GRenergie – Energy cost

  • Source: INSEE

revision – Measure of variations' revisions

(in percentage points)
Measure of variations' revisions
Oct. 15 Nov. 15 Dec. 15
F Construction 0.1 -0.1 0.1
41.2 Construction of buildings 0.1 /// -0.1
42 Civil engineering 0.1 -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