29 November 2019
N° 2019-311

In Q3 2019, the prices of buildings' maintenance and improvement works rose by +0.3%Buildings maintenance and improvement price index - third quarter 2019

Informations rapides
No 311
Paru le : Paru le 29/11/2019
Informations rapides  No 311 - November 2019

In Q3 2019, buildings’ maintenance and improvement work price index (IPEA) increased by +0.3%, a similar rise than in the previous quarter. Prices evolved differently based on the type of work provided. Thus, they fell back in floor and wall covering (−0.2% after +0.2%) and slowed down in plastering (+0.1% after +0.7%) and in other specialized construction activities (+0.1% after +0.9%). Conversely, they accelerated in roofing (+1.3% after +0.4%) and bounced back in electrical installation (+0.4% after -0.3%).

Over a quarter, the rise was stronger in the non-residential sector (+0.3%) than in the residential sector (+0.2%).

Over a year, buildings' maintenance and improvement work prices increased by 1.5% in Q3 2019, after +1.3% in the previous quarter. The rise was higher in the residential sector (+1.6%) than in the non-residential sector (+1.4%). Prices accelerated in joinery installation (+2.1% after +1.8%) and in roofing (+3.5% after +2.2%). They were practically stable in electrical installation (+0.1% after -0.7%) and bounced back in other construction installation (+0.5% after -0.1%). Conversely, they slowed down in floor and wall covering (+1.3% after +1.6%) and in other specialized construction activities (+1.9% after +2.1%).

Revisions

The evolution in the IPEA price index between the first quarter of 2019 and the second quarter of 2019 was unchanged to +0.3%.

Buildings' maintenance and improvement work price index

Buildings' maintenance and improvement work price index
IPEA IPEA residential IPEA non residential
2015-Q1 99.9 99.9 100.0
2015-Q2 100.0 100.0 100.0
2015-Q3 100.1 100.1 100.1
2015-Q4 100.0 100.0 100.0
2016-Q1 100.5 100.4 100.6
2016-Q2 100.8 100.7 100.9
2016-Q3 100.9 100.8 100.9
2016-Q4 101.0 101.0 101.2
2017-Q1 101.4 101.4 101.4
2017-Q2 101.6 101.7 101.4
2017-Q3 101.8 102.0 101.4
2017-Q4 102.0 102.2 101.8
2018-Q1 102.6 102.8 102.2
2018-Q2 103.0 103.0 102.9
2018-Q3 103.1 103.0 103.1
2018-Q4 103.1 103.2 103.0
2019-Q1 104.0 104.1 103.8
2019-Q2 104.3 104.4 104.2
2019-Q3 104.6 104.6 104.5

Buildings' maintenance and improvement work price index

  • Source: INSEE.

Buildings’ maintenance and improvement work price index

In %. raw data. reference 100 in 2015
Buildings’ maintenance and improvement work price index (In %. raw data. reference 100 in 2015)
Weights (in %) Q3 2019 Q/Q-1 (1) Q/Q-4 (2)
Buildings maintenance and improvement work price index (IPEA) 100 104.6 0.3 1.5
Residential buildings 56.6 104.6 0.2 1.6
Non-residential buildings 43.4 104.5 0.3 1.4
All buildings by type of work
4321 - Electrical installation 16.5 103.4 0.4 0.1
4322 - Plumbing. heat and air−conditioning installation 19.2 104.6 0.1 1.5
4329 - Other construction installation 6.2 102.5 0.2 0.5
4331 - Plastering 3.5 107.6 0.1 2.1
4332 - Joinery installation 19.5 105.3 0.4 2.1
4333 - Floor and wall covering 4.3 103.4 -0.2 1.3
4334 - Painting and glazing 8.9 102.7 0.0 1.1
4391 - Roofing 6.3 109.4 1.3 3.5
4399 - Other specialised construction activities 15.7 104.4 0.1 1.9
  • (1) index of the last quarter compared to that of the previous quarter (in %)
  • (2) index of the last quarter compared to that of the same period of the previous year (in %)
  • Source : Insee

For more information

The buildings’ maintenance and improvement work price index (IPEA) is a quarterly index which measures the evolution of price excluding taxes charged by construction enterprises (including artisanal forms) for their maintenance and improvement works in residential and nonresidential buildings during the quarter under review.

The IPEA indices are raw data. That means they are not seasonally adjusted.

Next issue: 28 February 2020


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