Insee conjoncture
30 novembre 2018
N° 2018-314

In Q3  2018, the prices of buildings' maintenance and improvement works increased slightly (+0.2%)Buildings maintenance and improvement price index - third quarter 2018

In Q3 2018, buildings' maintenance and improvement work price index (IPEA) increased slightly by +0.2% (after +0.4% in Q2 2018). Prices rose, in particular in plumbing, heat and air-conditioning installation (+0.5% after +0.6%), in plastering (+0.3% after +0.2%), in joinery installation (+0.3% after a stability) and in the other specialised construction activities (+0.3% after +0.1%). Conversely, prices fell back in electrical installation (−0.4% after +1.0%). They slowed down in roofing (stability after +0.7%) and in painting and glazing (+0.2% after +0.4%).

Over a quarter, prices rose in the non-residential sector (+0.3% after +0.7%) and remain almost stable in the residential sector (+0.1% after +0.2%).

Over a year, buildings' maintenance and improvement work prices increased by 1.5% (after +1.4%). Prices accelerated in plumbing, heat and air-conditioning installation (+2.3% after +1.7%); they slowed down in particular in roofing (+2.3% after +3.1%) and in plastering (+1.4% after +2.1%).

Over a year, price increase is more dynamic in the residential sector (+2.0%) than in the non-residential sector (+1.1%).

Revisions

The evolution in the IPEA price index between the first quarter and the second quarter of 2018 has been revised upward by 0.1 points to +0.4%.

Graph1Buildings' maintenance and improvement work price index

  • Source: Insee

Table1Buildings' maintenance and improvement workprice index

In %, raw data, reference 100 in 2015
Buildings' maintenance and improvement workprice index
Weights (in %) Q3 2018 Q/Q-1 (1) Q/Q-4 (2)
Buildings maintenance and improvement work price index (IPEA) 100.0 103.2 +0.2 +1.5
Residential buildings 59.3 103.1 +0.1 +1.1
Non-residential buildings 40.7 103.3 +0.3 +2.0
All buildings by type of work
4321 - Electrical installation 17.5 103.4 −0.4 +1.6
4322 - Plumbing, heat and air−conditioning installation 17.9 103.2 +0.5 +2.3
4329 - Other construction installation 4.6 102.6 +0.1 +0.7
4331 - Plastering 3.5 105.7 +0.3 +1.4
4332 - Joinery installation 19.3 103.3 +0.3 +1.1
4333 - Floor and wall covering 4.0 102.2 +0.2 +0.9
4334 - Painting and glazing 8.2 101.8 +0.2 +1.5
4391 - Roofing 6.6 105.7 0.0 +2.3
4399 - Other specialised construction activities 18.4 102.5 +0.3 +0.8
  • (1) index of the quarter compared to that of the previous quarter (in %)
  • (2) index of the quarter compared to that of the same period of the previous year (in %)
  • Source: Insee

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