In April 2016, producer costs for construction increased again slightly (+0.1%)Costs of production indices in construction - April 2016

In April 2016, producer costs in construction rose again slightly (+0.1% after +0.4% in March). Costs rose by 0.1% in specialised construction works and by 0.3% in civil engineering. They were stable in construction of buildings.

In April 2016, producer costs in construction rose again slightly (+0.1% after +0.4% in March). Costs rose by 0.1% in specialised construction works and by 0.3% in civil engineering. They were stable in construction of buildings.

Over a year, producer costs in construction continued to decline (−0.4% after −0.5% in the previous month) mostly driven by a significant fall in civil engineering (−3.4%). They decreased more moderately in construction of buildings (−0.5%). They rose in specialised construction works (+0.3%).

tablo1 – Variations in producer cost indices for construction

In %
Variations in producer cost indices for construction
NAF Heading Weights (in %) April 16/ Mar. 16 April 16 / April 15
F Construction 100.0 +0.1 -0.4
41.2 Construction of buildings 10.1 0.0 -0.5
42 Civil engineering 16.2 +0.3 -3.4
43 Specialised construction works 73.7 +0.1 +0.3
43BT Buildings 64.2 0.0 +0.7
43BTC New buildings 24.6 0.0 -0.3
43BTR Existing buildings 39.6 +0.1 +1.2
43TP Specialised works for civil engineering 9.5 +0.2 -2.2
BT Buildings (41.2 + 43BT) 74.3 0.0 +0.5
TP Public works (42 + 43TP) 25.7 +0.2 -3.0
  • Source: INSEE

tablo2 – Items of producer cost indices for construction

In %
Items of producer cost indices for construction
Costs items Q1 16 / Q4 15 April 16/ Mar. 16 April 16 / April 15
Equipment Buildings -1.4 -0.1 +2.6
Public works -0.1 -0.2 0.0
Labour Labour costs in construction +1.5 /// +2.7
Energy Buildings -5.4 +0.8 -12.0
Public works -4.8 +0.6 -14.8
Materials Construction of buildings -1.8 -0.2 -4.5
Existing buildings -0.9 -0.3 -2.1
Civil engineering -5.0 +0.6 -9.7
Specialised works for civil engineering -0.5 +0.3 -1.8
Services Construction 0.0 +0.3 +0.1
Transport Buildings -0.9 +0.2 -2.4
Public works -1.6 0.0 -1.0
  • ///: non published estimation
  • Source: INSEE

GRCoutUK – Production costs in construction

  • Source: INSEE

Material costs picked up in civil engineering and decreased againin buildings

In April 2016, material costs increased in civil engineering (+0.6%) after an uninterrupted decrease since July 2015. Over a year, however, they fell down by 9.7%. In specialised works for civil engineering, these costs picked up (+0.3% after −0.6%) due to a further increase in bitumen prices (+3.5%) and to a rebound in prices of ribbed bars (+4.3%).

By contrast, material costs decreased slightly again in building construction (−0.2% after −0.1%) reflecting the fall in prices of concrete (−0.9%). They also decreased in renovation of buildings (−0.3% after +0.1%) mostly due to the drop in the price of electrical equipment.

GRMUK – Materials costs

  • Source: INSEE

Equipment costs were virtually stable

In April 2016, equipment costs remained virtually stable in civil engineering (−0.2% after +0.1%) and in building construction (−0.1% after 0.0%).

GRKUK – Equipment cost

  • Source: INSEE

GRtravailUK – Labour cost in construction

  • Source: INSEE

Energy costs increased again

In April 2016, the costs of energy continued to increase in building construction (+0.8% after +3.4%) due to the rise in prices of road diesel fuel.

In public works, these costs slowed clearly (+0.6% after +4.2 %), the increase in the price of heavy fuel (+12.1%) being mitigated by the drop in prices of electricity (−3.2%).

GRenergieUK – Energy cost

  • Source: INSEE

revision – Measure of variations' revisions

(in percentage points)
Measure of variations' revisions
Jan. 16 Feb. 16 Mar. 16
F Construction /// –0.1 0.1
41.2 Construction of buildings /// /// ///
42 Civil engineering –0.1 /// ///
43 Specialised construction works /// /// ///
  • ///: unchanged
  • How to read it: producer cost variation for construction in March 2016 published in June 2016 has been updated from +0.3% to +0.4%, that is to say an upward revision by 0.1 points.
  • Source: INSEE