31 August 2017

2017- n° 229

In Q2 2017, the prices of dwellings maintenance and improvement works rose by 0.3% Dwellings maintenance and improvement price index - second quarter 2017

In Q2 2017, dwellings maintenance and improvement work price index (IPEA) rose by 0.3%, a smaller increase than in the previous quarter (+0.7%).

Prices increased the most in masonry works and building structural works (+0.7% after +0.5%) and in heat and air-conditioning installation (+0.6% after +0.8%). The growth was slighter in wood and PVC joinery works (+0.4% after +1.6%) and in roofing activities (+0.3% after +0.1%). Prices were stable or virtually stable in the other works.

Over a year, dwellings maintenance and improvement work prices increased at the same pace as in the previous quarter (+1.3%). They accelerated in masonry works (+1.1% after +0.6%), in heat and air-conditioning installation (+1.7% after +1.2%) and in wood and PVC joinery works (+2.2% after +1.8%) whereas they slowed down in electrical installation (+0.1% after +0.9%), in metal joinery works and ironwork (+3.2% after +3.8%) and in plastering (+1.9% after +2.3%).

In Q1 2017, producer cost index in specialised construction in existing buildings (ICP-43BTR) increased more sharply than in the previous quarter (+0.7% after +0.2%). Over a year, it speeded up too (+1.7% after +1.4% in Q4 2016).

The variation in the “IPEA” price index between the fourth quarter of 2016 and the first quarter of 2017 has been revised upward by 0.1 points. Published in May 2017 at +0.6%, it stands now at +0.7%. The variation in producer cost index in specialised construction in existing buildings in Q4 2016 has been revised downward by 0.1 points.