12 January 2017
2017- n° 11In October 2016, near stability in producer costs for construction (+0.1%) Costs of production indices in construction - October 2016
In October 2016, producer costs in construction were virtually stable (+0.1% as in September). They rose in civil engineering (+0.4% after +0.2%) and they were virtually stable in specialised construction works (+0.1% as in September) and in the construction of buildings (−0.1% after +0.1%). Over a year, producer costs continued to accelerate in the entire construction sector (+1.4 % after +1.2%). This trend held for the three subsectors: the construction of buildings (+1.2% after +1.1%), the specialised construction works (+1.5% after +1.3%) and the sector of civil engineering (+1.2% after +0.4%).
In October 2016, producer costs in construction were virtually stable (+0.1% as in September). They rose in civil engineering (+0.4% after +0.2%) and they were virtually stable in specialised construction works (+0.1% as in September) and in the construction of buildings (−0.1% after +0.1%). Over a year, producer costs continued to accelerate in the entire construction sector (+1.4 % after +1.2%). This trend held for the three subsectors: the construction of buildings (+1.2% after +1.1%), the specialised construction works (+1.5% after +1.3%) and the sector of civil engineering (+1.2% after +0.4%).
tableauTable1 – Variations in producer cost indices for construction
NAF | Heading | Weights (in %) | Oct 16/ Sept 16 | Oct 16/ Oct 15 |
---|---|---|---|---|
F | Construction | 100.0 | +0.1 | +1.4 |
41.2 | Construction of buildings | 10.1 | -0.1 | +1.2 |
42 | Civil engineering | 16.2 | +0.4 | +1.2 |
43 | Specialised construction works | 73.7 | +0.1 | +1.5 |
43BT | Buildings | 64.2 | +0.1 | +1.5 |
43BTC | New buildings | 24.6 | 0.0 | +1.3 |
43BTR | Existing buildings | 39.6 | +0.1 | +1.7 |
43TP | Specialised works for civil engineering | 9.5 | +0.4 | +1.4 |
BT | Buildings (41.2 + 43BT) | 74.3 | 0.0 | +1.4 |
TP | Public works (42 + 43TP) | 25.7 | +0.4 | +1.3 |
- Source: INSEE
tableauTable2 – Items of producer cost indices for construction
Costs | items | Q3 16 / Q2 16 | Oct 16/ Sept 16 | Oct 16/ Oct 15 | |
---|---|---|---|---|---|
Equipment | Buildings | -0.4 | +0.5 | -0.9 | |
Public works | -0.2 | +0.1 | -0.3 | ||
Labour | Labour costs in construction | +1.0 | /// | /// | |
Energy | Buildings | +0.5 | +2.4 | +3.2 | |
Public works | +0.9 | +3.4 | +3.2 | ||
Materials | Construction of buildings | +1.4 | -0.7 | -1.0 | |
Existing buildings | +0.6 | -0.3 | -0.9 | ||
Civil engineering | +3.5 | +0.3 | -0.1 | ||
Specialised works for civil engineering | +0.3 | -0.2 | -0.9 | ||
Services | Construction | +0.9 | +0.3 | +0.7 | |
Transport | Buildings | 0.0 | +0.5 | +0.8 | |
Public works | -0.3 | 0.0 | +0.4 |
- ///: non published estimation
- Source: INSEE
graphiqueGraph1 – Production costs in construction
Material costs fell in the construction of buildings
In October 2016, material costs fell in building construction (−0.7% after +0.1%), in the renovation of existing building (−0.3% après −0.1%) and in specialised works for civil engineering (−0.2% after +0.2%). However, they increased again in civil engineering (+0.3% as in September). Over a year, material costs still decreased in the building industry –whether for new construction (−1.0%) or building renovation (−0.9%) – and in specialised works for civil engineering (−0.9%). They remained practically unchanged in civil engineering (−0.1% yoy)
graphiqueGraph2 – Materials costs
Equipment cost increased again in building industry
In October 2016, equipment cost increased again in building construction (+0.5% after +0.2%). It was virtually stable in public works (+0.1% after 0.0% in September).
graphiqueGraph3 – Equipment cost
graphiqueGraph4 – Labour cost in construction
Energy cost accelerated
In October 2016, the cost of energy accelerated in building construction (+2.4% after +1.6%) and in public works (+3.4% after +1.1%).
Over a year, the cost of energy rebounded in public works for the first time since the end of 2012 (+3.2% after −0.7% in September). In building construction, it accelerated (+3.2% after +0.8%).
graphiqueGraph5 – Energy cost
tableauTable3 – Variations' revisions
July 16 | August 16 | Sept. 16 | ||
---|---|---|---|---|
F | Construction | /// | /// | −0.1 |
41.2 | Construction of buildings | /// | /// | −0.1 |
42 | Civil engineering | /// | /// | /// |
43 | Specialised construction works | /// | /// | /// |
- ///: unchanged
- How to read it: the variation in producer cost for construction in September 2016 has been revised downward by 0.1 points, from +0.2% published in December 2016 to +0.1%.
- Source: INSEE
Pour en savoir plus
Time series : Producer cost indices for construction