22 March 2019
2019- n° 71In Q4 2018, producer costs for construction were nearly stable (+0.1%) Costs of production indices in construction - fourth quarter 2018
In Q4 2018, producer costs for construction were nearly stable (+0.1% after +1.0% in the previous quarter), this is the case in the sub-sector of construction of buildings (+0,1% after +0,6%) and in specialised construction works (stability in Q4 2018 after +0,8% in the previous quarter). In civil engineering, they slowed down (+0,6% after +2,2%).
Over a year, these costs decelerated (+2.8% after +3.8% in Q3 2018), in civil engineering (+6.0% after +7.4%), in specialised construction works (+2.2% after +3.2%) and in building construction (+2.1% after +3.1%).
In Q4 2018, producer costs for construction were nearly stable (+0.1% after +1.0% in the previous quarter), this is the case in the sub-sector of construction of buildings (+0,1% after +0,6%) and in specialised construction works (stability in Q4 2018 after +0,8% in the previous quarter). In civil engineering, they slowed down (+0,6% after +2,2%).
Over a year, these costs decelerated (+2.8% after +3.8% in Q3 2018), in civil engineering (+6.0% after +7.4%), in specialised construction works (+2.2% after +3.2%) and in building construction (+2.1% after +3.1%).
tableauVariations in producer cost indices for construction
| Heading | Weights (in %) | Q4 2018/ Q3 2018 | Q4 2018/ Q4 2017 |
|---|---|---|---|
| F Construction | 100.0 | 0.1 | 2.8 |
| 41.2 Construction of buildings | 10.2 | 0.1 | 2.1 |
| 42 Civil engineering | 15.9 | 0.6 | 6.0 |
| 43 Specialised construction works | 73.9 | 0.0 | 2.2 |
| 43BT Buildings | 65.2 | 0.1 | 2.1 |
| 43BTC New buildings | 24.7 | 0.1 | 2.1 |
| 43BTR Existing buildings | 40.5 | 0.0 | 2.1 |
| 43TP Specialised works for civil engineering | 8.7 | -0.1 | 2.5 |
| Buildings (41.2 + 43BT) | 75.4 | 0.1 | 2.1 |
| Public works (42 + 43TP) | 24.6 | 0.4 | 4.8 |
- Source : INSEE
tableauItems of producer cost indices for construction
| Costs | items | Q4 2018/ Q3 2018 | Q4 2018/ Q4 2017 |
|---|---|---|---|
| Equipment | Buildings | 0.3 | 1.0 |
| Public works | -0.5 | 0.3 | |
| Labour | Labour costs in construction | -0.2 | 1.5 |
| Energy | Buildings | 1.2 | 16.8 |
| Public works | 0.8 | 15.8 | |
| Materials | Construction of buildings | 0.0 | 1.8 |
| Existing buildings | -0.1 | 1.9 | |
| Civil engineering | 1.7 | 11.5 | |
| Specialised works for civil engineering | -0.3 | 1.5 |
- Source : INSEE
tableauProduction costs in construction
| Construction | Construction of buildings | Civil engineering | Specialised construction works | |
|---|---|---|---|---|
| 2015-01 | 99.9 | 100.1 | 100.0 | 99.9 |
| 2015-02 | 99.9 | 100.2 | 99.3 | 100.0 |
| 2015-03 | 100.2 | 100.2 | 100.8 | 100.1 |
| 2015-04 | 100.2 | 100.2 | 101.0 | 100.0 |
| 2015-05 | 100.4 | 100.3 | 101.7 | 100.1 |
| 2015-06 | 100.4 | 100.1 | 102.0 | 100.1 |
| 2015-07 | 100.4 | 100.2 | 101.7 | 100.1 |
| 2015-08 | 100.2 | 100.2 | 100.6 | 100.1 |
| 2015-09 | 99.7 | 99.7 | 98.9 | 99.8 |
| 2015-10 | 99.5 | 99.5 | 98.4 | 99.8 |
| 2015-11 | 99.7 | 99.6 | 98.2 | 100.0 |
| 2015-12 | 99.5 | 99.5 | 97.3 | 99.9 |
| 2016-01 | 99.2 | 99.3 | 96.1 | 99.9 |
| 2016-02 | 99.2 | 99.3 | 95.8 | 99.9 |
| 2016-03 | 99.4 | 99.4 | 96.1 | 100.2 |
| 2016-04 | 99.4 | 99.4 | 96.4 | 100.1 |
| 2016-05 | 99.7 | 99.7 | 97.2 | 100.2 |
| 2016-06 | 100.2 | 100.1 | 98.6 | 100.6 |
| 2016-07 | 100.4 | 100.3 | 99.1 | 100.7 |
| 2016-08 | 100.6 | 100.6 | 99.0 | 100.9 |
| 2016-09 | 100.7 | 100.7 | 99.2 | 101.0 |
| 2016-10 | 100.8 | 100.6 | 99.7 | 101.1 |
| 2016-11 | 100.9 | 100.6 | 100.3 | 101.1 |
| 2016-12 | 101.2 | 100.9 | 100.7 | 101.3 |
| 2017-01 | 102.0 | 101.4 | 102.8 | 101.9 |
| 2017-02 | 102.3 | 101.8 | 103.0 | 102.2 |
| 2017-03 | 102.5 | 102.1 | 103.0 | 102.5 |
| 2017-04 | 102.6 | 102.4 | 102.5 | 102.7 |
| 2017-05 | 102.6 | 102.2 | 102.7 | 102.6 |
| 2017-06 | 102.5 | 102.2 | 102.3 | 102.6 |
| 2017-07 | 102.5 | 102.2 | 102.1 | 102.7 |
| 2017-08 | 102.8 | 102.5 | 102.3 | 102.9 |
| 2017-09 | 102.8 | 102.4 | 102.7 | 102.8 |
| 2017-10 | 103.4 | 103.1 | 103.6 | 103.4 |
| 2017-11 | 103.9 | 103.4 | 104.3 | 103.8 |
| 2017-12 | 104.4 | 103.9 | 105.1 | 104.3 |
| 2018-01 | 104.8 | 104.3 | 105.8 | 104.6 |
| 2018-02 | 104.7 | 104.2 | 105.8 | 104.6 |
| 2018-03 | 104.6 | 104.2 | 105.4 | 104.5 |
| 2018-04 | 105.0 | 104.6 | 106.1 | 104.9 |
| 2018-05 | 105.6 | 105.0 | 107.4 | 105.3 |
| 2018-06 | 106.1 | 105.1 | 109.1 | 105.6 |
| 2018-07 | 106.4 | 105.3 | 109.5 | 105.9 |
| 2018-08 | 106.7 | 105.6 | 110.0 | 106.1 |
| 2018-09 | 106.8 | 105.7 | 110.3 | 106.2 |
| 2018-10 | 106.9 | 105.8 | 110.8 | 106.3 |
| 2018-11 | 106.9 | 105.6 | 111.5 | 106.1 |
| 2018-12 | 106.5 | 105.5 | 109.6 | 105.9 |
graphiqueProduction costs in construction
- Source: INSEE.
Materials cost increased in civil engineering
In Q4 2018, the cost of materials increased noticeably again in civil engineering (+1,7% after +4.6%). It was stable in building construction (after −0.1%) and it decreased slightly in specialised works for civil engineering (−0.3% after a stability).
Over a year, materials cost lost a bit of its dynamismin civil engineering (+11.5% after +12.9%) and it decelerated in building construction (+1.8% after +3.0%).
tableauMaterials cost
| Construction of buildings | Civil engineering | Existing buildings | Special works for civil engin. | |
|---|---|---|---|---|
| 2015-01 | 100.8 | 101.1 | 100.6 | 100.9 |
| 2015-02 | 100.9 | 97.7 | 100.5 | 100.1 |
| 2015-03 | 100.8 | 101.7 | 100.4 | 99.9 |
| 2015-04 | 100.8 | 101.8 | 100.2 | 100.2 |
| 2015-05 | 100.9 | 103.7 | 100.3 | 100.4 |
| 2015-06 | 100.4 | 104.8 | 100.2 | 100.3 |
| 2015-07 | 100.3 | 104.2 | 100.2 | 100.1 |
| 2015-08 | 100.3 | 102.1 | 100.2 | 100.6 |
| 2015-09 | 99.6 | 97.5 | 99.8 | 100.1 |
| 2015-10 | 99.0 | 96.2 | 99.7 | 99.6 |
| 2015-11 | 98.6 | 95.4 | 99.1 | 99.2 |
| 2015-12 | 97.8 | 93.8 | 98.8 | 98.6 |
| 2016-01 | 97.0 | 90.0 | 98.5 | 99.2 |
| 2016-02 | 96.5 | 88.8 | 98.1 | 98.6 |
| 2016-03 | 96.3 | 88.8 | 98.1 | 98.0 |
| 2016-04 | 96.2 | 89.6 | 97.9 | 98.3 |
| 2016-05 | 97.0 | 91.1 | 98.2 | 98.4 |
| 2016-06 | 97.9 | 94.5 | 98.7 | 98.7 |
| 2016-07 | 98.0 | 96.1 | 98.7 | 98.7 |
| 2016-08 | 98.5 | 95.7 | 98.9 | 98.7 |
| 2016-09 | 98.6 | 96.1 | 98.9 | 98.8 |
| 2016-10 | 97.9 | 96.6 | 98.5 | 98.5 |
| 2016-11 | 97.9 | 98.1 | 98.5 | 98.3 |
| 2016-12 | 98.2 | 98.5 | 98.9 | 98.2 |
| 2017-01 | 99.1 | 102.9 | 99.8 | 99.2 |
| 2017-02 | 99.4 | 102.8 | 100.0 | 99.1 |
| 2017-03 | 99.7 | 102.7 | 100.3 | 98.9 |
| 2017-04 | 100.2 | 101.5 | 100.6 | 98.9 |
| 2017-05 | 100.1 | 102.6 | 100.7 | 99.3 |
| 2017-06 | 100.1 | 101.8 | 100.9 | 99.1 |
| 2017-07 | 99.8 | 101.5 | 100.8 | 99.2 |
| 2017-08 | 100.2 | 101.7 | 101.2 | 99.2 |
| 2017-09 | 100.2 | 102.3 | 100.9 | 99.4 |
| 2017-10 | 101.2 | 103.7 | 101.5 | 99.9 |
| 2017-11 | 101.2 | 104.6 | 101.4 | 100.2 |
| 2017-12 | 101.4 | 106.0 | 101.5 | 100.1 |
| 2018-01 | 102.4 | 106.4 | 102.3 | 101.3 |
| 2018-02 | 102.6 | 106.6 | 102.5 | 101.2 |
| 2018-03 | 102.7 | 105.7 | 102.6 | 101.3 |
| 2018-04 | 103.1 | 106.7 | 103.3 | 101.8 |
| 2018-05 | 103.3 | 109.3 | 103.8 | 102.2 |
| 2018-06 | 103.1 | 113.6 | 103.6 | 101.6 |
| 2018-07 | 102.8 | 114.1 | 103.6 | 101.6 |
| 2018-08 | 103.1 | 115.3 | 103.6 | 101.9 |
| 2018-09 | 103.2 | 115.5 | 103.5 | 102.1 |
| 2018-10 | 103.3 | 116.6 | 103.4 | 101.9 |
| 2018-11 | 103.1 | 119.3 | 103.5 | 101.6 |
| 2018-12 | 102.8 | 114.7 | 103.4 | 101.1 |
graphiqueMaterials cost
- Source: INSEE.
Equipment cost decreased in public works and it slightly increased in building construction
In Q4 2018, equipment cost increased slightly in building construction (+0.3% after +1.4%) and on a year-on-year basis (+1.0% after +0.8%). In public works, it decreased by 0.5% (after +0.2% in Q3 2018). Over a year it decelerated (+0.3% after +0,8%).
tableauEquipment cost
| Buildings | Public works | |
|---|---|---|
| 2015-01 | 99.1 | 99.9 |
| 2015-02 | 98.7 | 100.0 |
| 2015-03 | 99.1 | 100.0 |
| 2015-04 | 98.5 | 99.7 |
| 2015-05 | 99.1 | 99.6 |
| 2015-06 | 99.4 | 99.7 |
| 2015-07 | 98.8 | 99.8 |
| 2015-08 | 100.2 | 100.8 |
| 2015-09 | 100.2 | 100.5 |
| 2015-10 | 101.9 | 100.3 |
| 2015-11 | 103.2 | 100.0 |
| 2015-12 | 101.9 | 99.7 |
| 2016-01 | 100.6 | 100.0 |
| 2016-02 | 100.7 | 100.0 |
| 2016-03 | 101.2 | 100.2 |
| 2016-04 | 100.7 | 100.1 |
| 2016-05 | 100.1 | 100.2 |
| 2016-06 | 101.2 | 100.1 |
| 2016-07 | 100.3 | 99.9 |
| 2016-08 | 100.3 | 99.9 |
| 2016-09 | 100.5 | 100.0 |
| 2016-10 | 101.1 | 99.7 |
| 2016-11 | 100.7 | 99.9 |
| 2016-12 | 100.7 | 100.0 |
| 2017-01 | 101.2 | 100.4 |
| 2017-02 | 99.9 | 100.7 |
| 2017-03 | 100.1 | 100.6 |
| 2017-04 | 100.2 | 100.6 |
| 2017-05 | 100.1 | 100.6 |
| 2017-06 | 99.9 | 100.6 |
| 2017-07 | 99.9 | 100.1 |
| 2017-08 | 100.0 | 100.2 |
| 2017-09 | 99.8 | 100.2 |
| 2017-10 | 100.0 | 100.4 |
| 2017-11 | 99.9 | 100.3 |
| 2017-12 | 100.1 | 100.1 |
| 2018-01 | 100.1 | 100.6 |
| 2018-02 | 100.2 | 100.6 |
| 2018-03 | 100.2 | 100.5 |
| 2018-04 | 98.3 | 100.7 |
| 2018-05 | 99.2 | 100.8 |
| 2018-06 | 100.2 | 101.0 |
| 2018-07 | 100.6 | 101.1 |
| 2018-08 | 100.6 | 100.9 |
| 2018-09 | 100.8 | 101.0 |
| 2018-10 | 100.8 | 100.4 |
| 2018-11 | 100.9 | 100.6 |
| 2018-12 | 101.2 | 100.6 |
graphiqueEquipment cost
- Source: INSEE.
Energy cost rose slightly
In Q4 2018, despite a decline at the end of the period, the cost of energy remained dynamic in building construction (+1.2% after +1.4%) but it slowed down markedly in public works (+0.8% after +1.7%).
Over a year, the rise in the cost of energy remained important (+15.8% after +22.2% in public works and +16.8% after +22.0% in building construction).
tableauEnergy cost
| Buildings | Public works | |
|---|---|---|
| 2015-01 | 96.9 | 95.7 |
| 2015-02 | 101.7 | 104.1 |
| 2015-03 | 104.8 | 105.3 |
| 2015-04 | 104.4 | 107.7 |
| 2015-05 | 106.7 | 109.1 |
| 2015-06 | 105.3 | 107.4 |
| 2015-07 | 102.8 | 102.8 |
| 2015-08 | 97.6 | 96.1 |
| 2015-09 | 95.8 | 95.3 |
| 2015-10 | 95.8 | 94.8 |
| 2015-11 | 95.2 | 94.4 |
| 2015-12 | 92.9 | 87.3 |
| 2016-01 | 89.0 | 86.1 |
| 2016-02 | 88.2 | 85.8 |
| 2016-03 | 91.2 | 88.7 |
| 2016-04 | 91.9 | 88.8 |
| 2016-05 | 96.1 | 93.2 |
| 2016-06 | 100.7 | 96.7 |
| 2016-07 | 98.3 | 93.8 |
| 2016-08 | 95.2 | 93.1 |
| 2016-09 | 96.6 | 94.0 |
| 2016-10 | 98.9 | 98.0 |
| 2016-11 | 100.2 | 98.2 |
| 2016-12 | 101.2 | 102.5 |
| 2017-01 | 109.6 | 108.5 |
| 2017-02 | 109.7 | 108.8 |
| 2017-03 | 108.1 | 106.4 |
| 2017-04 | 107.8 | 105.8 |
| 2017-05 | 105.1 | 102.7 |
| 2017-06 | 102.6 | 99.6 |
| 2017-07 | 101.6 | 99.6 |
| 2017-08 | 103.6 | 100.9 |
| 2017-09 | 105.6 | 103.1 |
| 2017-10 | 107.6 | 104.7 |
| 2017-11 | 110.2 | 108.7 |
| 2017-12 | 110.6 | 109.5 |
| 2018-01 | 120.1 | 118.2 |
| 2018-02 | 119.3 | 117.3 |
| 2018-03 | 118.6 | 116.9 |
| 2018-04 | 121.2 | 119.4 |
| 2018-05 | 125.7 | 122.3 |
| 2018-06 | 126.9 | 123.1 |
| 2018-07 | 125.4 | 122.7 |
| 2018-08 | 125.7 | 123.2 |
| 2018-09 | 128.0 | 125.0 |
| 2018-10 | 132.0 | 129.3 |
| 2018-11 | 128.4 | 125.1 |
| 2018-12 | 123.2 | 119.4 |
graphiqueEnergy cost
- Source: INSEE.
Production costs in construction were revised very slightly in Q3 2018
In Q3 2018, the variation in producer costs in construction was revised upward by 0,1 points to +1,0%.
For more information
Monthly production cost indices are released every three months.
These indices aggregate the cost indices of six factors of production, four of which are commented here (equipment, labour, energy and materials) and account for more than 8/9 in the calculation of the producer costs in construction.
These indices are subject to revision. They are primarily used for national accounts and macroeconomics analyses.
Next issue : end of June 2019
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