19 December 2017
2017- n° 330In Q3 2017, producer costs for construction slightly increased (+0.2%) Costs of production indices in construction - third quarter 2017
In Q3 2017, producer costs for construction increased slightly (+0.2% after +0.3%). They increased in building construction (+0.3% after +0.4%) and in specialised construction works (+0.3% as in the previous quarter). They recovered very modestly in civil engineering (+0.1% after −0.3%). Over a year, though, these costs remained dynamic (+2.0% after +2.7% in Q2 2017). Again, they rose sharply in every sectors, although at a lower rate than in the previous quarters: in civil engineering (+2.8% after +4.2%), in building construction (+1.8% after +2.4%) and in specialised construction works (+1.9% after +2.4% in Q2 2017).
In Q3 2017, producer costs for construction increased slightly (+0.2% after +0.3%). They increased in building construction (+0.3% after +0.4%) and in specialised construction works (+0.3% as in the previous quarter). They recovered very modestly in civil engineering (+0.1% after −0.3%). Over a year, though, these costs remained dynamic (+2.0% after +2.7% in Q2 2017). Again, they rose sharply in every sectors, although at a lower rate than in the previous quarters: in civil engineering (+2.8% after +4.2%), in building construction (+1.8% after +2.4%) and in specialised construction works (+1.9% after +2.4% in Q2 2017).
Materials cost decreased slightly in buildings, it was stable in civil engineering
In Q3 2017, the cost of materials decreased slightly in building construction (−0.2% after +0.7%) whereas it increased in renovation of existing buildings (+0.2% after +0.7%). It was stable in civil engineering (after −0.5%) and almost unchanged in specialised works for civil engineering (+0.1% after a stability).
Over a year, materials cost was still dynamic in civil engineering (+4.7% after +8.5%). It slowed down in building construction (+1.6% after +3.2%) and in renovation of existing buildings (+2.1% after +2.5%).
graphiqueGraph2 – Materials cost
- Source: INSEE
Energy cost feel back
In Q3 2017, the cost of energy continued to decline in building construction (−1.5% after −3.7%) and in public works (−1.7% after −5.0%).
Over a year, the increase in the cost of energy was less marked than at the beginning of the year but it remained significant (+7.3% after +10.0% in public works and +7.1% after +9.3% in building construction).
graphiqueGraph5 – Energy cost
- Source: INSEE
graphiqueGraph1 – Production costs in construction
- Source: INSEE
tableauTable1 – Variations in producer cost indices for construction
| Heading | Weights (in %) | Q3 2017/ Q2 2017 | Q3 2017/ Q3 2016 |
|---|---|---|---|
| F Construction | 100.0 | +0.2 | +2.0 |
| 41.2 Construction of buildings | 10.1 | +0.3 | +1.8 |
| 42 Civil engineering | 16.2 | +0.1 | +2.8 |
| 43 Specialised construction works | 73.7 | +0.3 | +1.9 |
| 43BT Buildings | 64.2 | +0.3 | +1.9 |
| 43BTC New buildings | 24.6 | +0.3 | +1.8 |
| 43BTR Existing buildings | 39.6 | +0.5 | +2.0 |
| 43TP Specialised works for civil engineering | 9.5 | +0.1 | +2.6 |
| Buildings (41.2 + 43BT) | 74.3 | +0.3 | +1.8 |
| Public works (42 + 43TP) | 25.7 | +0.1 | +2.7 |
- Source: INSEE
tableauTable2 – Items of producer cost indices for construction
| Costs | items | Q3 2017/ Q2 2017 | Q3 2017/ Q3 2016 |
|---|---|---|---|
| Equipment | Buildings | -0.2 | -0.5 |
| Public works | -0.2 | +0.4 | |
| Labour | Labour costs in construction | +0.8 | +2.3 |
| Energy | Buildings | -1.5 | +7.1 |
| Public works | -1.7 | +7.3 | |
| Materials | Construction of buildings | -0.2 | +1.6 |
| Existing buildings | +0.2 | +2.1 | |
| Civil engineering | 0.0 | +4.7 | |
| Specialised works for civil engineering | +0.1 | +0.4 |
- Source: INSEE
Equipment cost slightly decreased in building construction and in public works
In Q3 2017, equipment cost slightly decreased in building construction (−0.2% after −0.3%); it declined by 0.5% yoy (after −0.6%). In public works, it slightly declined too (−0.2% after a stability in Q2 2017) and it increased slightly over a year (+0.4% after +0.5%).
graphiqueGraph3 – Equipment cost
- Source: INSEE
The variation in production costs in construction was not revised in Q2 2017
In Q2 2017, the variation in producer costs in construction remained at 0.3%.
Pour en savoir plus
Time series : Producer cost indices for construction
