Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in early 2025 in comparison to the previous year. The growth rate of the cost of several construction materials was slightly lower than in late 2024. It is important to note, though, that the figures provided are Producer Price Indices, which cover production within the United States, but do not include imports or tariffs. This might matter for lumber, as Canada's wood production is normally large enough that the U.S. can import it from its neighboring country. Construction material prices in the United Kingdom Similarly to these trends in the U.S., at that time the price growth rate of construction materials in the UK were generally lower 2024 than in 2023. Nevertheless, the cost of some construction materials in the UK still rose that year, with several of those items reaching price growth rates of over **** percent. Considering that those materials make up a very big share of the costs incurred for a construction project, those developments may also have affected the average construction output price in the UK. Construction material shortages during the COVID-19 pandemic During the first years of the COVID-19 pandemic, there often were supply problems and material shortages, which created instability in the construction market. According to a survey among construction contractors, the construction materials most affected by shortages in the U.S. during most of 2021 were steel and lumber. This was also a problem on the other side of the Atlantic: The share of building construction companies experiencing shortages in Germany soared between March and June 2021, staying at high levels for over a year. Meanwhile, the shortage of material or equipment was one of the main factors limiting the building activity in France in June 2022.
Between 2018 and 2021, the cost of construction materials mostly increased in the United Kingdom. There was only a small decrease in their price in 2020. In 2021, the costs reached a 4.8 percent growth rate. Moreover, building materials costs are expected to grow by 17.6 percent in 2022. Nevertheless, these figures were calculated at the end of 2021, and therefore do not reflect the developments seen afterwards.
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Graph and download economic data for Producer Price Index by Industry: Building Material and Supplies Dealers (PCU44414441) from Dec 2003 to May 2025 about dealers, materials, supplies, buildings, PPI, industry, inflation, price index, indexes, price, and USA.
The prices of many construction materials in the United Kingdom kept increasing in 2024, but more moderately than in previous years. There were also several building materials whose prices fell that year. One of the most extreme examples was the price of flexible plastic pipes and fittings, which rose by over ** percent that year. The price of a couple steel products fell by over ** percent that year. In late 2024, copper-based products were among the building materials with the highest price increases in the U.S.
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Slovakia Construction Price Index: Materials data was reported at 128.800 2021=100 in Mar 2025. This records an increase from the previous number of 127.000 2021=100 for Feb 2025. Slovakia Construction Price Index: Materials data is updated monthly, averaging 104.300 2021=100 from Jan 2018 (Median) to Mar 2025, with 87 observations. The data reached an all-time high of 130.100 2021=100 in Mar 2023 and a record low of 86.800 2021=100 in Jan 2018. Slovakia Construction Price Index: Materials data remains active status in CEIC and is reported by Statistical Office of the Slovak Republic. The data is categorized under Global Database’s Slovakia – Table SK.EA003: Construction Price Index: 2021=100.
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Graph and download economic data for Producer Price Index by Commodity: Retail Trade Services: Hardware and Building Materials and Supplies Retailing (WPU58D10101) from Mar 2009 to May 2025 about hardware, materials, supplies, buildings, retail trade, sales, retail, services, commodities, PPI, inflation, price index, indexes, price, and USA.
Building construction price indexes (BCPI), percent change, by type of building and construction division. Quarterly data are available from the first quarter of 1982. The table presents quarter-over-quarter and year-over-year percentage changes for various aggregation levels. The base period for the index is (2017=100).
The highest increase among the listed building materials in Russia was observed for sand in the North Caucasian Federal District at nearly 132 percent in the first quarter of 2021. The most significant price fall was recorded for sand as well, in the Far Eastern Federal District. There, the average price of a thousand tons of this material dropped by about 58 percent over the observed period.
In 2023, concrete blocks and bricks were the construction materials with the highest price increase in Canada. The average price of that product was over 15.6 percent higher in 2023 than in the previous year. Meanwhile, the price of lumber and other sawmill products decreased in 2023, after its price soared in 2020 and 2021. Due to inflation, supply chain disruptions, and other problems, the price for most construction materials increased very significantly in 2021 and 2022.
The price of construction materials in the Lima metropolitan area decreased slightly in 2024. That came after construction material prices saw growth rates of over 11 percent in 2021 and 2022. Construction material costs have fluctuated significantly during the past decades, with prices decreasing in 2009 after a steep increase in the previous year. The annual growth rate of building material costs in Chile also peaked in 2022.
Ornamental and building stone was one of the construction materials in Sweden with the highest annual price change rates in 2023. The second type of material in this list with the highest price hike that year was ceramic sanitary fixtures, as their cost increased by nearly 20.7 percent from 2022 to 2023. The producer price of ready-mixed concrete in Sweden grew by ten percent in 2023. Meanwhile, the cost of sawn and planed wood fell by 18.8 percent that year, after an increase of over 61 percent in 2021. Metal products had the largest construction material price increases in Germany in 2022.
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This table contains monthly figures on the input price index of new dwellings; input price indices building costs to monitor the costs of new dwellings (labour and materials) in the Netherlands.
An input price index is determined on the basis of price changes of the various cost components making up the product - in this case a new dwelling. Changes in the prices of building equipment (tools and machinery), general costs, profit and risk are not included in the input price index. Other cost components, such as energy and transport, are also not taken into account as their influence on the final cost price is relatively modest. Land costs are also not included in the index.
Data available from: January 2012 to December 2023
Status of the figures: The figures of the wages and total building costs are definite up to and including the year 2022. The figures of the building materials are definite up to and including six months from the most recent reported month. The data for 2023 is provisional. Since this table has been discontinued, the data is no longer finalized.
Changes as of February 29, 2024 The index number series in this table use 2015 as the reference year (2015=100). To ensure that the results of the index series are more in line with current events, a so-called base shift is implemented once every five years. Due to the implementation of FRIBS (Framework Regulation Integrating Business Statistics) in 2021, this time the base shift is postponed by one year to 2021=100. The subsequent base shift will return to a regular year, namely 2025=100. Upon the publication of the reporting period of January 2024, such a base shift will occur, and the reference year will be switched to 2021 (2021=100). The index series with the reference 2021=100 will be published in new StatLine tables. This table will be discontinued from that moment and will no longer be updated. However, it will remain available in the archive. The new tables for 2021=100 will commence with the reporting month of January 2018.
Changes as of March 11, 2024 This table has been discontinued. This table is followed by New dwellings; input price indices building costs 2021=100. See paragraph 3.
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China Retail Price Index: Building Material and Hardware (BM) data was reported at 101.900 Prev Year=100 in 2022. This records an increase from the previous number of 101.800 Prev Year=100 for 2021. China Retail Price Index: Building Material and Hardware (BM) data is updated yearly, averaging 101.200 Prev Year=100 from Dec 1988 (Median) to 2022, with 35 observations. The data reached an all-time high of 128.800 Prev Year=100 in 1993 and a record low of 97.000 Prev Year=100 in 1990. China Retail Price Index: Building Material and Hardware (BM) data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IB: Retail Price Index: Annual.
In the fiscal year 2023, the Japanese construction cost deflator for buildings stood at 123.7 index points, increasing from 121.2 points in the previous year. The construction cost deflator is a weighted index estimating the inflation-adjusted price development of construction in Japan, considering expenditures for materials, labor, and investment. What are features of the construction cost deflator? Since 1951, the government has been compiling a deflator for construction costs. It helps, for example, to determine contract prices for public works like roads. Today’s version includes various sub-indices, such as the one for buildings; they may be residential or non-residential, and their structural frames may be either wood, steel, or reinforced concrete. While the deflator considers all of Japan, other price indices give more detailed insight into specific buildings, materials, and regions. Rising energy-prices have spilled over to materials Japan has not been spared by recently inflating energy prices. Accordingly, the domestic construction industry is monitoring the monthly construction material price index. Unlike the deflator, it also provides regional-specific data, showing that although inflation impacted all materials throughout the country, some materials and places were more affected than others. In Tokyo, cement prices have increased by over 42 points since fiscal year 2021 – in Osaka, by around 50.
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This table contains monthly figures on the input price index of new dwellings; input price indices building costs to monitor the costs of new dwellings (labour and materials) in the Netherlands.
An input price index is determined on the basis of price changes of the various cost components making up the product - in this case a new dwelling. Changes in the prices of building equipment (tools and machinery), general costs, profit and risk are not included in the input price index. Other cost components, such as energy and transport, are also not taken into account as their influence on the final cost price is relatively modest. Land costs are also not included in the index.
Data available from: January 2018
Status of the figures: The price index figures for wages and the total construction costs are final until 2024. The figures for building materials are final until 2024.
Changes as of November 29th, 2024: Since this publication, a switch has been made to a different rounding strategy, whereby the changes are calculated on unrounded index figures and annual figures are calculated from rounded and published figures. With this switch there is more consistency with other statistics on Statline and statistics from Eurostat. As a result, mutations have changed across the entire series.
Changes as of June 30th, 2025: Figures for May 2025 have been added.
When will new figures be published? New figures are published about 30 days after the month under review.
Presents information on selected building materials, including monthly data on price indices, bricks, cement and concrete blocks. It also provides quarterly data on sand and gravel, slate, concrete roofing tiles, ready-mixed concrete and imports and exports of construction products.
Due to a processing error, the indices for 2021 in Table 3 were incorrect. We have republished the corrected tables.
The price of multifamily units under construction in the United States increased significantly more than that of single-family homes in 2024. While the price of single-family houses was *** percent higher than in the previous year, those figures amounted to over **** percent for multifamily residential units. The overall cost of construction materials in the U.S. increased noticeably in 2021 and 2022.
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Spain - Construction cost index: Input prices for materials was EUR120.70 points in September of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Spain - Construction cost index: Input prices for materials - last updated from the EUROSTAT on July of 2025. Historically, Spain - Construction cost index: Input prices for materials reached a record high of EUR120.70 points in September of 2021 and a record low of EUR24.70 points in March of 1980.
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Netherlands PPI: Output: FO: Mfg: WB: Building Materials data was reported at 124.500 2021=100 in Mar 2025. This records an increase from the previous number of 124.100 2021=100 for Feb 2025. Netherlands PPI: Output: FO: Mfg: WB: Building Materials data is updated monthly, averaging 100.300 2021=100 from Jan 2018 (Median) to Mar 2025, with 85 observations. The data reached an all-time high of 124.500 2021=100 in Mar 2025 and a record low of 94.000 2021=100 in Mar 2018. Netherlands PPI: Output: FO: Mfg: WB: Building Materials data remains active status in CEIC and is reported by Statistics Netherlands. The data is categorized under Global Database’s Netherlands – Table NL.I011: Producer Price Index: by Industry: 2021=100.
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The index relates to costs ruling on the first day of each month. NATIONAL HOUSE CONSTRUCTION COST INDEX; Up until October 2006 it was known as the National House Building Index Oct 2000 data; The index since October, 2000, includes the first phase of an agreement following a review of rates of pay and grading structures for the Construction Industry and the first phase increase under the PPF. April, May and June 2001; Figures revised in July 2001due to 2% PPF Revised Terms. March 2002; The drop in the March 2002 figure is due to a decrease in the rate of PRSI from 12% to 10¾% with effect from 1 March 2002. The index from April 2002 excludes the one-off lump sum payment equal to 1% of basic pay on 1 April 2002 under the PPF. April, May, June 2003; Figures revised in August'03 due to the backdated increase of 3% from 1April 2003 under the National Partnership Agreement 'Sustaining Progress'. The increases in April and October 2006 index are due to Social Partnership Agreement "Towards 2016". March 2011; The drop in the March 2011 figure is due to a 7.5% decrease in labour costs. Methodology in producing the Index Prior to October 2006: The index relates solely to labour and material costs which should normally not exceed 65% of the total price of a house. It does not include items such as overheads, profit, interest charges, land development etc. The House Building Cost Index monitors labour costs in the construction industry and the cost of building materials. It does not include items such as overheads, profit, interest charges or land development. The labour costs include insurance cover and the building material costs include V.A.T. Coverage: The type of construction covered is a typical 3 bed-roomed, 2 level local authority house and the index is applied on a national basis. Data Collection: The labour costs are based on agreed labour rates, allowances etc. The building material prices are collected at the beginning of each month from the same suppliers for the same representative basket. Calculation: Labour and material costs for the construction of a typical 3 bed-roomed house are weighted together to produce the index. Post October 2006: The name change from the House Building Cost Index to the House Construction Cost Index was introduced in October 2006 when the method of assessing the materials sub-index was changed from pricing a basket of materials (representative of a typical 2 storey 3 bedroomed local authority house) to the CSO Table 3 Wholesale Price Index. The new Index does maintains continuity with the old HBCI. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Oct 2008 data; Decrease due to a fall in the Oct Wholesale Price Index.
Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in early 2025 in comparison to the previous year. The growth rate of the cost of several construction materials was slightly lower than in late 2024. It is important to note, though, that the figures provided are Producer Price Indices, which cover production within the United States, but do not include imports or tariffs. This might matter for lumber, as Canada's wood production is normally large enough that the U.S. can import it from its neighboring country. Construction material prices in the United Kingdom Similarly to these trends in the U.S., at that time the price growth rate of construction materials in the UK were generally lower 2024 than in 2023. Nevertheless, the cost of some construction materials in the UK still rose that year, with several of those items reaching price growth rates of over **** percent. Considering that those materials make up a very big share of the costs incurred for a construction project, those developments may also have affected the average construction output price in the UK. Construction material shortages during the COVID-19 pandemic During the first years of the COVID-19 pandemic, there often were supply problems and material shortages, which created instability in the construction market. According to a survey among construction contractors, the construction materials most affected by shortages in the U.S. during most of 2021 were steel and lumber. This was also a problem on the other side of the Atlantic: The share of building construction companies experiencing shortages in Germany soared between March and June 2021, staying at high levels for over a year. Meanwhile, the shortage of material or equipment was one of the main factors limiting the building activity in France in June 2022.