Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in the first half of 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.

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).

Compared to the overall average of ** different major cities in the United States, building materials in San Francisco were more expensive than in Chicago. Opposed this is a city like Detroit, Michigian, where the price index of building materials was slightly below the average. What this overview tries to do, then, is compare the major cities against each other and whether one was relatively more expensive than the other when it comes to construction costs. This is especially visible for installation - such as HVAC. The city of New York reached an index of *** in ********, meaning installation costs here were around ** percent higher than the average cost for the ** cities combined. Cities found in the state of Texas made up the other end of that spectrum: Installation costs in San Antonio, Houston and Dallas were between ** to ** percent lower than the overall average.

Taiwan Construction Cost Index: Building Construction (BC) data was reported at 111.100 2021=100 in Mar 2025. This records an increase from the previous number of 110.660 2021=100 for Feb 2025. Taiwan Construction Cost Index: Building Construction (BC) data is updated monthly, averaging 78.500 2021=100 from Jan 1991 (Median) to Mar 2025, with 411 observations. The data reached an all-time high of 111.100 2021=100 in Mar 2025 and a record low of 49.270 2021=100 in Sep 1991. Taiwan Construction Cost Index: Building Construction (BC) data remains active status in CEIC and is reported by Directorate-General of Budget, Accounting and Statistics, Executive Yuan. The data is categorized under Global Database’s Taiwan – Table TW.EA019: Construction Cost Index: 2021=100.

Construction Output Price Indices (OPIs) from January 2014 to June 2025, UK. Summary

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 February 2025.

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 August 29th, 2025: Figures for July 2025 have been added.

When will new figures be published? New figures are published about 30 days after the month under review.

Construction Cost Index: Residental: Excl Communities: EA 19 data was reported at 116.100 2021=100 in Dec 2023. This records an increase from the previous number of 115.700 2021=100 for Sep 2023. Construction Cost Index: Residental: Excl Communities: EA 19 data is updated quarterly, averaging 83.100 2021=100 from Mar 2000 (Median) to Dec 2023, with 96 observations. The data reached an all-time high of 116.100 2021=100 in Dec 2023 and a record low of 62.500 2021=100 in Mar 2000. Construction Cost Index: Residental: Excl Communities: EA 19 data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.EA007: Eurostat: Construction Cost Index: 2021=100.

Between 2022 and 2025, the construction price of residential and non-residential buildings in Canada has grown at the same pace. The price of both types of buildings was roughly ***** percent higher in the last quarter of 2025 than in 2024, which is the year when the index base was set at 100. Nevertheless, that only considers the cost of buildings in 15 selected metropolitan areas in Canada. Toronto was by far the metropolitan region with the highest construction costs in Canada.

What determines construction costs? The growth rate of the construction price of different types of buildings tends to follow similar trends to some extent. For example, price growth rates in Canada for most types of buildings were more moderate in 2024 than in previous years. However, those figures show a lot of disparity, with the cost of building a high rise apartment building growing much faster than that of other types of buildings. This might be because the construction costs depend on elements such as the location, materials, and complexity of the building, which tend to be quite different for each type of building.

Lumber building materials in Canada In 2024, Canada was the world’s second-largest exporter of wood building materials such as veneer sheets, parquet flooring, particleboard, laminated wood, and builders’ joinery and carpentry. Forestry, logging, and processing wood into ready-to-use materials are important industries in the Canadian economy. High price growth rates of building materials impact negatively the construction industry as their activities become more expensive. However, the forestry and logging industry benefited from the cost of lumber rising in 2020 and 2021. In the past years, the price of lumber, however, has fallen again.

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 *** percent growth rate. Moreover, building materials costs are expected to grow by **** percent in 2022. Nevertheless, these figures were calculated at the end of 2021, and therefore do not reflect the developments seen afterwards.

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.

Romania Construction Cost Index: 2021=100: NACE 2: ow Buildings: Residential data was reported at 145.500 2021=100 in Feb 2025. This records an increase from the previous number of 143.600 2021=100 for Jan 2025. Romania Construction Cost Index: 2021=100: NACE 2: ow Buildings: Residential data is updated monthly, averaging 66.400 2021=100 from Jan 2005 (Median) to Feb 2025, with 242 observations. The data reached an all-time high of 145.500 2021=100 in Feb 2025 and a record low of 38.100 2021=100 in Feb 2005. Romania Construction Cost Index: 2021=100: NACE 2: ow Buildings: Residential data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Romania – Table RO.EA008: Construction Cost Index: 2021=100.

Hungary - Construction cost index was HUF106.90 points in December of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - Construction cost index - last updated from the EUROSTAT on September of 2025. Historically, Hungary - Construction cost index reached a record high of HUF106.90 points in December of 2021 and a record low of HUF26.70 points in March of 1999.

The construction output price in the United Kingdom has reached an annual growth rate of two percent in June 2025 compared to the same month of the previous year. Construction costs had been increasing at a lower rate than in 2022 and 2023, but started rising again slowly in late 2024. The year-over-year growth rate was over 10 percent in May and July 2022. Public and private housing was the construction segment with the highest output price increase. How have material costs developed over the years? Several factors influence construction material costs, including supply and demand, regulatory requirements, and transportation logistics. Manufacturing efficiency and global trade policies also play a big part, along with economic factors like inflation and currency fluctuations. In June 2022, the price of construction materials for new houses in the UK were 53 percent higher than in 2015. What is the largest component of those costs? Labor costs are often one of the largest expenses in construction projects. That is due to the skilled nature of the work, which has a high demand for specialized trades. The construction sector's labor costs accounted for around 63 percent of the sector's earnings in the United Kingdom in 2024. In the past years, the size of labor costs as a share of the construction sector have increased slightly, but they were still lower than in before 2014. As of June 2025, the construction output price growth rate has been revised to 2.4 percent.

In 2024, the price of building materials in Mexico increased at a significantly lower rate than in 2021 and 2022. The annual growth rate of salaries in 2024 was much higher than that of the other types of construction costs. Salaries had an annual growth rate from around ***** to **** percent until 2016, since then they have been rising at a faster pace. Building construction, along with transport and urbanization, were the segments that made up most of the production value in the industry.

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.

Graph and download economic data for Producer Price Index by Industry: New School Building Construction (PCU236222236222) from Dec 2005 to Aug 2025 about schools, buildings, construction, new, PPI, industry, inflation, price index, indexes, price, and USA.

Latvia Construction Cost Index data was reported at 131.200 2021=100 in Mar 2025. This records an increase from the previous number of 131.100 2021=100 for Feb 2025. Latvia Construction Cost Index data is updated monthly, averaging 84.700 2021=100 from Jan 2009 (Median) to Mar 2025, with 195 observations. The data reached an all-time high of 131.200 2021=100 in Mar 2025 and a record low of 73.100 2021=100 in Dec 2009. Latvia Construction Cost Index data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.EA010: Construction Cost Index: 2021=100.

This table contains figures on the development of construction costs for all categories of new homes. The intended construction costs include the general costs and 'profit and risk' of the contractor, but exclude the land costs and costs of the project developer or real estate agent. The basic material for this statistic is derived from data reported by municipalities to Statistics Netherlands, originating from building permits issued by them for new homes.

Data available from: 1st quarter 2018

Status of the figures: The figures remain preliminary for four quarters before they become definite.

Changes as of June 30th 2025: The figures of the 1st quarter of 2024 are modified into definitive figures. Furthermore the figures of the 1st quarter and the year of 2025 are added.

When will new figures become available? New figures for the second quarter of 2025 will be released at the end of September 2025.

Graph and download economic data for Producer Price Index by Industry: Building Material and Supplies Dealers (PCU44414441) from Dec 2003 to Aug 2025 about dealers, materials, supplies, buildings, PPI, industry, inflation, price index, indexes, price, and USA.

Germany - Construction cost index was EUR120.50 points in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Construction cost index - last updated from the EUROSTAT on September of 2025. Historically, Germany - Construction cost index reached a record high of EUR120.50 points in March of 2025 and a record low of EUR62.60 points in March of 2000.