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.

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).

From 2015 to 2024, the construction output prices of public and private housing increased by ***** percent in the United Kingdom (UK). Meanwhile, the prices of industrial buildings increased by ***** percent during that period, and infrastructure prices by ***** percent. Housing and industrial are the segments that increased the most during that period. Balfour Beatty ranked in the past years as the construction firm with the largest revenue in the UK.

France Construction Cost Index (CCI) data was reported at 1,699.000 4Q1953=100 in Jun 2018. This records an increase from the previous number of 1,671.000 4Q1953=100 for Mar 2018. France Construction Cost Index (CCI) data is updated quarterly, averaging 855.000 4Q1953=100 from Dec 1953 (Median) to Jun 2018, with 259 observations. The data reached an all-time high of 1,699.000 4Q1953=100 in Jun 2018 and a record low of 98.000 4Q1953=100 in Dec 1954. France Construction Cost Index (CCI) data remains active status in CEIC and is reported by French National Institute for Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.EA012: Construction Cost and Dwelling Rents.

Compared to the overall average of 30 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 174 in May 2021, meaning installation costs here were around 74 percent higher than the average cost for the 30 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 30 to 40 percent lower than the overall average.

In the fiscal year 2023, the Japanese construction cost deflator for buildings stood at ***** index points, increasing from ***** 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 ** points since fiscal year 2021 – in Osaka, by around **.

Austria - Construction cost index was EUR117.20 points in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Austria - Construction cost index - last updated from the EUROSTAT on July of 2025. Historically, Austria - Construction cost index reached a record high of EUR117.20 points in March of 2025 and a record low of EUR39.50 points in March of 1990.

Construction Cost Index: Partial: Towers 10 Floors w/ Elevator data was reported at 660.380 Dec1999=100 in Mar 2019. This records an increase from the previous number of 657.890 Dec1999=100 for Feb 2019. Construction Cost Index: Partial: Towers 10 Floors w/ Elevator data is updated monthly, averaging 266.260 Dec1999=100 from Dec 1999 (Median) to Mar 2019, with 232 observations. The data reached an all-time high of 660.380 Dec1999=100 in Mar 2019 and a record low of 100.000 Dec1999=100 in Dec 1999. Construction Cost Index: Partial: Towers 10 Floors w/ Elevator data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Uruguay – Table UY.EA003: Construction Cost Index.

Graph and download economic data for Producer Price Index by Industry: New Office Building Construction: Primary Products (PCU236223236223P) from Jun 2006 to May 2025 about primary, buildings, construction, new, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: New Industrial Building Construction (PCU236211236211) from Jun 2007 to May 2025 about buildings, construction, new, PPI, industry, inflation, price index, indexes, price, and USA.

Infrastructure construction price index (ICPI). Annual data are available from 2010. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2010=100).

Electric utility construction price index (EUCPI). Annual data are available from 1956. The table presents data for the most recent reference period and the last four periods. The base period for the index is (1992=100).

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 10 3/4% 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.

United States - Producer Price Index by Commodity: Construction (Partial): New Industrial Building Construction was 193.60500 Index Jun 2007=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Construction (Partial): New Industrial Building Construction reached a record high of 195.04700 in March of 2023 and a record low of 100.00000 in June of 2007. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Construction (Partial): New Industrial Building Construction - last updated from the United States Federal Reserve on July of 2025.

Construction Cost Estimating Software Market Outlook

The global construction cost estimating software market size is projected to grow from USD 1.2 billion in 2023 to USD 2.9 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.2% during the forecast period. This significant growth trajectory can be attributed to the increasing demand for efficient project management tools in the construction industry. As construction projects become more complex and large-scale, the necessity for accurate cost estimation and budget management is driving the adoption of specialized software solutions. The integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML) into these software solutions is further enhancing their capabilities, thus fueling market growth.

One of the primary growth factors in the construction cost estimating software market is the escalating complexity of construction projects. With urbanization and infrastructure developments on the rise globally, construction projects are often multimillion-dollar ventures that require precise cost management to ensure profitability. Cost estimating software provides the tools necessary to manage these financial complexities, allowing businesses to consolidate their project costs, forecast potential overruns, and devise corrective measures proactively. Moreover, the pressure to curtail budget overruns and improve profitability is prompting construction companies to adopt these advanced solutions, further contributing to market expansion.

Another critical factor propelling the growth of the construction cost estimating software market is the increased emphasis on digital transformation within the construction industry. As traditional methods of estimation and project management become obsolete in the face of digital innovation, companies are transitioning to more sophisticated software solutions that offer enhanced accuracy and efficiency. The integration of cloud-based platforms allows for seamless collaboration among project stakeholders, facilitating real-time data sharing and decision-making. This digital shift not only improves operational efficiency but also provides a competitive edge in a market characterized by tight margins and intense competition.

Environmental sustainability initiatives are also significantly influencing the construction cost estimating software market. As governments and organizations worldwide push for more sustainable construction practices, there is a growing need to incorporate environmental considerations into project planning and execution. Cost estimating software equipped with sustainability metrics allows companies to evaluate the environmental impact of their projects, optimize resource allocation, and comply with regulatory requirements. This capability not only aligns with global sustainability goals but also opens up new opportunities for companies to differentiate themselves as environmentally responsible entities.

Cost Management Software plays a pivotal role in the construction industry by providing comprehensive solutions for budgeting, forecasting, and financial analysis. As construction projects grow in complexity, the need for robust cost management tools becomes increasingly critical. These software solutions enable construction firms to track expenses in real-time, identify cost-saving opportunities, and ensure that projects remain within budgetary constraints. By integrating with other project management tools, Cost Management Software offers a holistic view of project finances, facilitating better decision-making and enhancing overall project efficiency. This integration is particularly beneficial in today's fast-paced construction environment, where timely and accurate financial insights are essential for maintaining competitive advantage.

Regionally, North America holds a prominent share in the construction cost estimating software market, driven by the presence of major construction firms and a strong focus on technological adoption. The Asia Pacific region is expected to witness the fastest growth during the forecast period, attributed to rapid urbanization and infrastructure development in countries like China and India. Europe also presents significant growth opportunities as it invests in modernizing its aging infrastructure. The Middle East & Africa and Latin America are gradually adopting these solutions, spurred by ongoing construction activities and a growing awareness of digital tools' benefits in managing project costs effectively.

Brazil National Construction Cost Index: INCC-M: MoM data was reported at 0.590 % in Apr 2025. This records an increase from the previous number of 0.380 % for Mar 2025. Brazil National Construction Cost Index: INCC-M: MoM data is updated monthly, averaging 0.590 % from Jun 1989 (Median) to Apr 2025, with 431 observations. The data reached an all-time high of 4,487.000 % in Aug 1989 and a record low of -0.460 % in Apr 1998. Brazil National Construction Cost Index: INCC-M: MoM data remains active status in CEIC and is reported by Getulio Vargas Foundation. The data is categorized under Brazil Premium Database’s Construction Sector – Table BR.EA001: National Construction Cost Index.

The construction cost index in Turkey gradually increased from January 2015 to January 2024. Over this period, there has been an upwards trend in construction costs. The index peaked at over 1392 points in January 2024, going up by ** percent compared to the same month of the previous year.

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