Building materials made of copper had some of the highest price growth rates in the U.S. in December 2024 in comparison to the previous year. The growth rate of the cost of many construction materials was much lower than in 2023. 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 the inflation trends in the U.S. at that time, the price growth rate of construction materials in the UK were generally lower 2023 than in 2022. Nevertheless, the cost of some construction materials in the UK still soared that year, with several of those items reaching price growth rates of over 10 or even of over 14 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.
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 14 percent that year. The price of a couple steel products fell by over 10 percent that year. In late 2024, copper-based products were among the building materials with the highest price increases in the U.S.
Building construction price indexes (BCPI) by type of building. Quarterly data are available from the second 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 production price index (PPI) for construction materials and components in the United States decreased slightly in 2024. Up until 2020, construction prices had been rising fairly steadily. However, in the years after that construction producer prices have been very unstable. Production price index A PPI of 342 in 2022, indicates that the real-world price has risen by 242 percent in comparison to the base year - 1982 in this case. Similarly, under the same baseline, the PPI for construction machinery and equipment has also risen steadily until 2018. Like all prices, there are regional differences within the United States. The PPI acts as a measurement for the average changes in prices that domestic producers receive for their output. In the United States, the PPI is one of the oldest continuous statistical datasets published by the government. Common construction materials Some building materials are essential to construction work, and the decision on which to use is important for the life and the endurance of the building. Materials such as cement, steel, and sand are essential to many construction projects. The production of cement is tightly linked to the demand that comes from the construction industry. The durability and potency of steel gives it an advantage over wood and concrete, providing buildings with a higher resistance but a cheaper price tag. Sand is commonly used in buildings, but it is especially common in roads that require stones of various grades and granulation.
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Construction Cost Index: Zurich: Buildings: New Construction data was reported at 116.600 Oct2020=100 in Oct 2024. This stayed constant from the previous number of 116.600 Oct2020=100 for Apr 2024. Construction Cost Index: Zurich: Buildings: New Construction data is updated semiannually, averaging 99.600 Oct2020=100 from Oct 1998 (Median) to Oct 2024, with 53 observations. The data reached an all-time high of 116.600 Oct2020=100 in Oct 2024 and a record low of 82.600 Oct2020=100 in Oct 1998. Construction Cost Index: Zurich: Buildings: New Construction data remains active status in CEIC and is reported by Swiss Federal Statistical Office. The data is categorized under Global Database’s Switzerland – Table CH.EA011: Construction Cost Index: October 2020 =100.
In June 2024, Poland's price growth rate for construction materials was negative, reaching -1.3 percent, a five percentage point decrease from the previous year.
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Construction Output Price Indices (OPIs) from January 2014 to December 2024, UK. Summary.
Presents information on selected building materials, including monthly data on price indices, bricks, cement and concrete blocks. It also presents quarterly data on sand and gravel, slate, concrete roofing tiles, ready-mixed concrete and imports and exports of construction products.
Official statistics are produced impartially and free from political influence.
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Australia Building Construction Done: sa: Value: During the Qtr: Chain Volume: 2020-21: Private: Residential: Alterations & Additions data was reported at 2,526,488.000 AUD th in Jun 2023. This records a decrease from the previous number of 2,656,761.000 AUD th for Mar 2023. Australia Building Construction Done: sa: Value: During the Qtr: Chain Volume: 2020-21: Private: Residential: Alterations & Additions data is updated quarterly, averaging 2,189,934.000 AUD th from Sep 1987 (Median) to Jun 2023, with 144 observations. The data reached an all-time high of 2,891,645.000 AUD th in Sep 2021 and a record low of 1,027,961.000 AUD th in Sep 1987. Australia Building Construction Done: sa: Value: During the Qtr: Chain Volume: 2020-21: Private: Residential: Alterations & Additions data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.EA020: Building Construction Done: During the Quarter: Value: Residential: Chain Volume.
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Indonesia Wholesale Price Index: Construction Materials: Commodities: Building Materialss from Zinc data was reported at 99.860 2018=100 in Apr 2020. This records a decrease from the previous number of 100.010 2018=100 for Mar 2020. Indonesia Wholesale Price Index: Construction Materials: Commodities: Building Materialss from Zinc data is updated monthly, averaging 100.250 2018=100 from Dec 2019 (Median) to Apr 2020, with 5 observations. The data reached an all-time high of 100.550 2018=100 in Dec 2019 and a record low of 99.860 2018=100 in Apr 2020. Indonesia Wholesale Price Index: Construction Materials: Commodities: Building Materialss from Zinc data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB007: Wholesale Price Index: by Sector: Construction Materials.
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Graph and download economic data for Producer Price Index by Industry: Electrical Contractors, Nonresidential Building Work (PCU23821X23821X) from Dec 2007 to Feb 2025 about contractors, nonresidential, electricity, buildings, PPI, industry, inflation, price index, indexes, price, and USA.
Official statistics are produced impartially and free from political influence.
In 2020, Hong Kong had the highest construction costs of standard terraced houses in the Asia Pacific region, with construction costs averaging 4,400 U.S. dollars per square meter. Contrastingly, the construction costs for a standard terraced house in Kuala Lumpur cost on average just 285 U.S. dollars per square meter in 2020.
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Romania - Construction cost index: Input prices for materials was RON109.70 points in December of 2020, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Construction cost index: Input prices for materials - last updated from the EUROSTAT on March of 2025. Historically, Romania - Construction cost index: Input prices for materials reached a record high of RON130.70 points in June of 2012 and a record low of RON19.20 points in March of 2000.
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CCI: Construction cost index for municipal hydraulic engineering (2020=100)
This dataset contains 14 national surfaces, represented by 1km grids, relating to the cost of salinity damage to local infrastructrure. The infrastructure cost impacts are limited to those that occur at the location of salinity problem, downstream and other offsite impacts are not covered. All dollar values are given in 1996/97 Australian dollars. Each is described as follows:1. Total cost ($) to all infrastructure (buildings, road, rail and bridges) based on the low, abesta and high estimates of the impact of the current (2000) extent of salinity.2. Total cost ($) to all infrastructure (buildings, road, rail and bridges) based on the low, abesta and high estimates of the impact of predicted 2020 extent of salinity3. Total cost ($) the general infrastructure component (buildings etc., derived from population) as the abesta estimate of the impact of the current (2000) extent of salinity.4. Total cost ($) the general infrastructure component (buildings etc., derived from population) based on the abesta estimate of the impact of the predicted 2020 extent of salinity5. Total cost ($) the road component of infrastructure based on the abesta estimate of the impact of the current (2000) extent of salinity.6. Total cost ($) the road component of infrastructure based on the abesta estimate of the impact of the predicted 2020 extent of salinity7. Total cost ($) the rail component of infrastructure based on the abesta estimate of the impact of the current (2000) extent of salinity.8. Total cost ($) the rail component of infrastructure based on the abesta estimate of the impact of the predicted 2020 extent of salinity9. Total cost ($) the bridge component of infrastructure based on the abesta estimate of the impact of the current (2000) extent of salinity.10. Total cost ($) the bridge component of infrastructure based on the abesta estimate of the impact of the predicted 2020 extent of salinity11. Total cost ($) increase to local infrastructure based on the abesta estimate of the impact of the predicted 2020 extent of salinity
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Graph and download economic data for Producer Price Index by Industry: New Industrial Building Construction (PCU236211236211) from Jun 2007 to Feb 2025 about buildings, construction, new, PPI, industry, inflation, price index, indexes, price, and USA.
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After four years of growth, the U.S. prefabricated wood building market decreased by -3.6% to $5.1B in 2024. Overall, consumption, however, continues to indicate a buoyant expansion. Over the period under review, the market reached the peak level at $5.2B in 2023, and then reduced modestly in the following year.
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Switzerland Construction Cost Index: Mittelland: Buildings: Renovated: Residential data was reported at 114.600 Oct2020=100 in Oct 2024. This records an increase from the previous number of 114.500 Oct2020=100 for Apr 2024. Switzerland Construction Cost Index: Mittelland: Buildings: Renovated: Residential data is updated semiannually, averaging 98.400 Oct2020=100 from Oct 1998 (Median) to Oct 2024, with 53 observations. The data reached an all-time high of 114.600 Oct2020=100 in Oct 2024 and a record low of 80.500 Oct2020=100 in Oct 1998. Switzerland Construction Cost Index: Mittelland: Buildings: Renovated: Residential data remains active status in CEIC and is reported by Swiss Federal Statistical Office. The data is categorized under Global Database’s Switzerland – Table CH.EA011: Construction Cost Index: October 2020 =100.
Building materials made of copper had some of the highest price growth rates in the U.S. in December 2024 in comparison to the previous year. The growth rate of the cost of many construction materials was much lower than in 2023. 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 the inflation trends in the U.S. at that time, the price growth rate of construction materials in the UK were generally lower 2023 than in 2022. Nevertheless, the cost of some construction materials in the UK still soared that year, with several of those items reaching price growth rates of over 10 or even of over 14 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.