20 September 2016

2016- n° 242

In June 2016, producer costs for construction accelerated (+0.5%) Costs of production indices in construction - June 2016

In June 2016, producer costs in construction accelerated (+0.5% after +0.1% in May). Costs rose for all kinds of works, however more in civil engineering (+1.0%) than in construction of buildings (+0.3%) and in specialised construction works (+0.5%).

Over a year, producer costs in construction were virtually stable (−0.1 %) after a continuous decline since August 2014 (including −0.6% in May 2016). They accelerated in construction of buildings (+0.1% after −0.4% in May) and they increased in specialised construction works (+0.5% after 0.0%). They remained, though, considerably down in civil engineering (−2.7% after −3.5%).

In June 2016, material costs rose again in construction of buildings (+0.7% after +0.8 % in May). Over a year, however, they fell down by 2.6%. In civil engineering, they accelerated month-on-month (+2.8% after +1.2%) due to the sharp increase in prices of bitumen. However, they remained much lower than a year before (−8.1%).

In specialised works for civil engineering, the costs of materials increased slightly (+0.2% after +0.1%) due in particular to the ongoing growth in prices of ribbed bars.

In June 2016, equipment costs recovered in building construction (+2.5% after −1.4%). They were stable in public works (after +0.1% in May).

In June 2016, the costs of energy in building construction continued to increase strongly (+4.7% after +4.6% in May), due mostly to a further rise in the prices of road diesel fuel. Similarly, in public works, they rose again (+3.5% after +4.1%), because of the increase in the prices of petroleum products as well as in the prices of electricity.

However, these costs were still lower than a year before in building construction (−4.4% year-on-year) and in public works (−9.0%).