In Q3 2017, the prices of dwellings maintenance and improvement works increased slightly (+0.2%)Dwellings maintenance and improvement price index - third quarter 2017

In Q3 2017, dwellings maintenance and improvement work price index (IPEA) increased slightly (+0.2% after +0.4% in Q2 2017).

In Q3 2017, dwellings maintenance and improvement work price index (IPEA) increased slightly (+0.2% after +0.4% in Q2 2017).

Prices increased mainly in electrical installation (+0.5% after +0.1%), in metal joinery works and ironwork (+0.4% after +0.3%) and in plastering (+0.3% after a stability). In the other works, prices slowed down, in particular in heat and air-conditioning installation (+0.2% after +1.0%), in masonry works and building structural works (stability after +0.7%) and in painting and floor and wall covering (stability after +0.4%).

Over a year, dwellings maintenance and improvement work prices increased at the same pace as in the previous quarter (+1.4%). They accentuated in metal joinery works and ironwork (+4.1% after +3.4%) and in wood and PVC joinery works (+2.3% after +2.0%). Conversely, over a year they slipped down slightly in painting and floor and wall covering (−0.2% after +0.2%).

In Q2 2017, producer cost index in specialised construction in existing buildings (ICP-43BTR) increased a little more modestly than in the previous quarter (+0.4% after +0.7%). Over a year, it increased by 2.1%, a little more than in Q1 2017 (+1.8%).

Revisions

The variation in the IPEA price index between the first quarter of 2017 and the second quarter of 2017 has been revised upward by 0.1 points. It stands now at +0.4%. The variation in producer cost index in specialised construction in existing buildings in Q1 2017 is unchanged.

Graph1 – Dwellings maintenance and improvement work price and cost indices

  • Source: INSEE

Graph2 – Changes in dwellings maintenance and improvement work price index

  • Source: INSEE

Graph3 – Changes in dwellings maintenance and improvement work price index

  • Source: INSEE

Graph4 – Changes in dwellings maintenance and improvement work price index

  • Source: INSEE

Table1 – Dwellings maintenance and improvement work price and cost index

In %, raw data, reference 100 in 2010
Dwellings maintenance and improvement work price and cost index
Weights Q3 2017 Q/Q-1 Q/Q-4
Dwellings maintenance and improvement work price index (IPEA) 100.0 108.4 +0.2 +1.4
Masonry works and building structural works 16.9 106.0 0.0 +1.2
Painting and floor and wall covering 16.9 102.8 0.0 −0.2
Wood and PVC joinery works 15.5 112.2 +0.1 +2.3
Heat and air-conditioning installation 10.7 110.1 +0.2 +2.0
Plumbing 10.1 113.1 +0.2 +1.8
Roofing activities 9.4 106.4 +0.1 +0.2
Electrical installation 9.2 107.4 +0.5 +1.1
Metal joinery works and ironwork 6.3 116.2 +0.4 +4.1
Plastering 5.0 105.4 +0.3 +1.2
Q2 2017 Q/Q-1 Q/Q-4
Producer cost index in specialised construction in existing buildings (ICP-43BTR) 108.5 +0.4 +2.0
  • Source: INSEE

Table2 – Variations' revisions (in points of %)

Variations' revisions (in points of %)
Q2 2017
IPEA +0.1
Masonry works and building structural works ///
Painting and floor and wall covering +0.3
Wood and PVC joinery works −0.1
Heat and air-conditioning installation +0.4
Plumbing +0.3
Roofing activities −0.2
Electrical installation ///
Metal joinery works and ironwork +0.2
Plastering ///
  • ///: unchanged
  • How to read it: the variation in the “IPEA” price index the first quarter and the second quarter of 2017 is revised upward by 0.1 percentage points.
  • Source: INSEE