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Indonesia Construction Index: Value of Construction Index: Bali data was reported at 293.020 2010=100 in Dec 2018. This records an increase from the previous number of 284.980 2010=100 for Sep 2018. Indonesia Construction Index: Value of Construction Index: Bali data is updated quarterly, averaging 43.715 2010=100 from Mar 1993 (Median) to Dec 2018, with 104 observations. The data reached an all-time high of 293.020 2010=100 in Dec 2018 and a record low of 10.740 2010=100 in Jun 1999. Indonesia Construction Index: Value of Construction Index: Bali data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Construction and Properties Sector – Table ID.EE004: Construction Index: Value of Construction Index: by Province.
The construction index in Romania increased from the fourth quarter of 2018 to the first quarter of 2020. However, by the first quarter of 2021, the index dropped to 101.2.
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.
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.
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Ecuador Construction Price Index: General data was reported at 238.070 12Apr2000=100 in Sep 2018. This records an increase from the previous number of 237.860 12Apr2000=100 for Aug 2018. Ecuador Construction Price Index: General data is updated monthly, averaging 118.965 12Apr2000=100 from Apr 1983 (Median) to Sep 2018, with 426 observations. The data reached an all-time high of 244.480 12Apr2000=100 in Apr 2015 and a record low of 0.216 12Apr2000=100 in Apr 1983. Ecuador Construction Price Index: General data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Ecuador – Table EC.I023: Construction Price Index.
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Indonesia Construction Index: Value of Construction Index: North Sumatera data was reported at 312.380 2010=100 in Dec 2018. This records an increase from the previous number of 303.200 2010=100 for Sep 2018. Indonesia Construction Index: Value of Construction Index: North Sumatera data is updated quarterly, averaging 25.820 2010=100 from Mar 1990 (Median) to Dec 2018, with 116 observations. The data reached an all-time high of 312.380 2010=100 in Dec 2018 and a record low of 0.880 2010=100 in Dec 1991. Indonesia Construction Index: Value of Construction Index: North Sumatera data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Construction and Properties Sector – Table ID.EE004: Construction Index: Value of Construction Index: by Province.
This statistic shows the producer price index of construction products from plastics in the United States from 2005 to 2018. Construction products from plastics had an index of 226.1 in 2018, compared to 158.8 in 2005.
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Construction Output Price Indices (OPIs) from January 2014 to December 2024, UK. Summary.
From 2015 to the first quarter of 2024, the construction output prices of public and private housing increased by 46 percent in the United Kingdom (UK). Meanwhile, the prices of industrial buildings increased by 41 percent, and infrastructure prices by 37 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.
High-rise apartments with five floors or more were the buildings with the highest construction price increase in Canada in 2023. On the other side of the spectrum, the price of building a school was well below the average for eleven metropolitan areas across the country in the past years. In 2021 and 2022, the construction of several types of buildings saw two-figure growth rates.
This graph illustrates the construction sector's nominal output in the United States from 2008 and 2018 with an outlook for 2028. This sector's output is projected to amount to approximately 1.58 trillion US dollars by 2028.
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Indonesia Construction Index: Value of Construction Index: Aceh data was reported at 241.880 2010=100 in Dec 2018. This records an increase from the previous number of 236.470 2010=100 for Sep 2018. Indonesia Construction Index: Value of Construction Index: Aceh data is updated quarterly, averaging 36.250 2010=100 from Mar 1993 (Median) to Dec 2018, with 104 observations. The data reached an all-time high of 241.880 2010=100 in Dec 2018 and a record low of 4.810 2010=100 in Mar 1997. Indonesia Construction Index: Value of Construction Index: Aceh data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Construction and Properties Sector – Table ID.EE004: Construction Index: Value of Construction Index: by Province.
Between 2022 and 2024, 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 six percent higher in the last quarter of 2024 than in 2023, 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 2023 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 2023, 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.
11 nc -- Building Cost Index (2015=100) by input heading, 2015-2018
In March 2024, Mumbai had the highest construction cost index at 129, while Chennai had the lowest at 124. During the presented period, the construction cost reached its peak in March 2022.
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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.
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The output indicator on construction reflects the volume development of the value added (basic prices) in the sector construction according to the Standard Industrial Classification of all Economic Activities 2008 (SIC 41, 42 and 43). Monthly figures of construction are made consistent with figures of quarterly accounts when these are available. Monthly figures are also corrected for price changes. When the last month of a quarter is published, the second estimate of quarterly accounts figures of the national accounts are not yet available. Therefore, figures of value added of construction in the table can differ from value added figures of national accounts. Subjects: Volume changes, compared to the same period of the previous year and volume index figures, base year 2015=100.
Data available from: January 2005 up to and including April 2018.
Status of the figures: Data from 2005 up to and including 2014 are final. Data from 2015 up to and including April 2018 are provisional. Since this table has been discontinued, data from 2015 up to and including April 2018 will not become final.
Changes as of 16 July 2018: None. This table has been discontinued. Statistics Netherlands has carried out a revision of the national accounts. New statistical sources and estimation methods have been used during the revision. Therefore this table has been replaced by the table Construction; value added, index 2015=100 and changes. For further information see section 3.
When will new figures be published? Not applicable anymore.
The construction output price in the United Kingdom has reached an annual growth rate of two percent in September 2024. Construction costs have been increasing at a lower rate than in 2022 and 2023. The year-over-year growth rate reached over 10 percent in May and June of 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 58 percent of the sector's earnings in the United Kingdom in 2023. In the past years, the size of labor costs as a share of the construction sector rose by more than three percentage points, indicating that labor costs have increased at a faster rate than the overall revenue of the industry.
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.
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Indonesia Construction Index: Value of Construction Index: Bali data was reported at 293.020 2010=100 in Dec 2018. This records an increase from the previous number of 284.980 2010=100 for Sep 2018. Indonesia Construction Index: Value of Construction Index: Bali data is updated quarterly, averaging 43.715 2010=100 from Mar 1993 (Median) to Dec 2018, with 104 observations. The data reached an all-time high of 293.020 2010=100 in Dec 2018 and a record low of 10.740 2010=100 in Jun 1999. Indonesia Construction Index: Value of Construction Index: Bali data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Construction and Properties Sector – Table ID.EE004: Construction Index: Value of Construction Index: by Province.