12 May 2016
2016- n° 124In February 2016, producer costs for construction decreased slightly again (−0.2%) Costs of production indices in construction - February 2016
In February 2016, producer costs in construction declined slightly again (-0.2%). Their fall slowed in civil engineering (-0.4% after -0.9%). Production costs were slightly down in the construction of buildings (-0.2%) and virtually stable in specialised construction activities (-0.1%).
In February 2016, producer costs in construction declined slightly again (−0.2%). Their fall slowed in civil engineering (−0.4% after −0.9%). Production costs were slightly down in the construction of buildings (−0.2%) and virtually stable in specialised construction activities (−0.1%).
Over a year, producer costs in construction continued to decline (−0.5% after −0.3%). Like last month, they fell significantly in civil engineering (−2.7%) and more moderately in construction of buildings (−0.7%). They were stable in specialised construction activities.
tableautablo1 – Variations in producer cost indices for construction
NAF | Heading | Weights (in %) | Feb. 16/ Jan. 16 | Feb. 16 / Feb. 15 |
---|---|---|---|---|
F | Construction | 100.0 | -0.2 | -0.5 |
41.2 | Construction of buildings | 10.1 | -0.2 | -0.7 |
42 | Civil engineering | 16.2 | -0.4 | -2.7 |
43 | Specialised construction works | 73.7 | -0.1 | 0.0 |
43BT | Buildings | 64.2 | -0.2 | +0.2 |
43BTC | New buildings | 24.6 | -0.2 | -0.5 |
43BTR | Existing buildings | 39.6 | -0.1 | +0.8 |
43TP | Specialised works for civil engineering | 9.5 | -0.2 | -1.9 |
BT | Buildings (41.2 + 43BT) | 74.3 | -0.1 | +0.2 |
TP | Public works (42 + 43TP) | 25.7 | -0.3 | -2.4 |
- Source: INSEE
tableautablo2 – Items of producer cost indices for construction
Costs | items | Q4 15 / Q3 15 | Feb. 16/ Jan. 16 | Feb. 16 / Feb. 15 | |
---|---|---|---|---|---|
Equipment | Buildings | +2.7 | +0.2 | +3.1 | |
Public works | -0.3 | +0.1 | -0.2 | ||
Labour | Labour costs in construction | +1.9 | /// | /// | |
Energy | Buildings | -4.2 | -0.9 | -13.3 | |
Public works | -5.6 | -0.6 | -16.2 | ||
Materials | Construction of buildings | -1.5 | -0.5 | -4.2 | |
Existing buildings | -0.8 | -0.4 | -2.2 | ||
Civil engineering | -4.9 | -1.1 | -7.2 | ||
Specialised works for civil engineering | -1.1 | -0.6 | -1.4 | ||
Services | Construction | -1.0 | +0.1 | -0.3 | |
Transport | Buildings | -0.7 | -0.2 | -2.3 | |
Public works | +1.0 | 0.0 | +1.4 |
- Source: INSEE
graphiqueGRCoutUK – Production costs in construction
In February 2016, material costs decreased sharply in civil engineering (−1.1%); over a year, they slumped by 7.2%. Costs of materials also shrank in construction of buildings (−0.5% in February) and in renovation of existing buildings (−0.4%). These decreases were mainly explained by the drop in prices of ribbed bars (−5.9%) and of electric wire (−2.1%). Costs in specialised construction activities decreased by 0.6% notably due to the fall in prices of ribbed bars (−5.9%), of cement (−0.8%) and of gravel and sand (−0.5%).
graphiqueGRMUK – Materials costs
Equipment costs recovered slightly
In February 2016, equipment costs recovered slightly in construction of buildings (+0.2% after −0.4%).
They were virtually stable in public works (+0.1% after 0.0%) because prices of rental of civil engineering machinery and equipment were flat.
graphiqueGRKUK – Equipment cost
graphiqueGRtravailUK – Labour cost in construction
Energy costs diminished again
In February 2016, the costs of energy declined again in building construction (−0.9%) due to the fall in prices of road diesel fuel.
In public works, they decreased less (−0.6%) since the 0.5% increase in the price of non-road diesel (+0.5%) partly offset the decline in price heavy fuel oil (−2.1%).
graphiqueGRenergie – Energy cost
tableaurevision – Measure of variations' revisions
Nov. 15 | Dec. 15 | Jan. 16 | ||
---|---|---|---|---|
F | Construction | 0.2 | -0.2 | 0.1 |
41.2 | Construction of buildings | /// | /// | -0.1 |
42 | Civil engineering | 0.1 | -0.1 | /// |
43 | Specialised construction works | /// | /// | /// |
- How to read it: producer cost variation for construction in January 2016 published in April 2016 has been updated from −0.2% to −0.1%, that is to say an upward revision by 0.1 points.
- Source: INSEE
Pour en savoir plus
Time series : Producer cost indices for construction