Construction Output Price Indices (OPIs) from January 2014 to December 2024, UK. Summary.

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.

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.

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.

Germany - Construction cost index was EUR119.20 points in December of 2024, 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 March of 2025. Historically, Germany - Construction cost index reached a record high of EUR119.20 points in December of 2024 and a record low of EUR62.60 points in March of 2000.

This dataset contains the indices of UK hourly Construction Wage Costs (quarterly; not seasonally adjusted; 2000 = 100) and UK Construction Material Prices for New Housing, Other New Work, Repair and Maintenance, and All Work (monthly; 2010 = 100).

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 Federal Highway Administration's National Highway Construction Cost Index (NHCCI) is a quarterly price index intended to measure the average changes in the prices of highway construction costs over time and to convert current-dollar highway construction expenditures to real dollar expenditures.

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 2023. The figures for building materials are final until August 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 February 28th, 2025: Figures for January 2025 have been added.

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

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

Archived - Non-residential building construction price index (NRBCPI), type of building of major subtrade groups. Quarterly Data are available from the first quarter 1981. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2002=100).

This table provides information on price developments in the construction industry. Data were calculated by Statistic Netherlands (CBS) and are based on building permits with a value of 50 thousand euros or more issued by municipal authorities, and the reported construction costs as stated in the permits. On the basis of these building permits and the construction time, construction output is calculated by means of average waiting times prior to the start of the construction activities. Price indices listed in the table are used to eliminate the effect of price changes on the construction output. Therefore, the price index can be used to as a deflator to calculate volume developments in the building sector. Price indices are calculated for two sections (Construction of new buildings and Other buildings) and three sectors (dwellings, buildings for the private sector and buildings for the (semi-)public or non-commercial sector).

Data available from: 1st quarter 2015

Status of the figures: Price index figures up to and including the 4th quarter 2023 and the annual figure 2023 are final.

Changes since 30 January 2025: The figures of the 4th quarter and the year 2024 have been added to the table.

Due to a method improvement the indices for the subseries New dwellings in the period 2019 quarter 3 and the subseries Existing buildings private sector in the period 2021 quarter 3 have been corrected by 0.1 index point. The improvement relates to the underlying price indices used to eliminate the effect of price changes on the construction output.

When will new figures become available? Provisional figures for the 1st quarter of 2025 will be released in April 2025.

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.

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 December 30th 2024: The figures of the 3rd quarter of 2023 are modified into definitive figures. Furthermore the figures of the 3rd quarter and the year of 2024 are added.

When will new figures become available? New figures are published about 30 days after the period under review.

Finland - Construction cost index was EUR110.50 points in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Finland - Construction cost index - last updated from the EUROSTAT on March of 2025. Historically, Finland - Construction cost index reached a record high of EUR111.90 points in September of 2023 and a record low of EUR60.10 points in March of 1996.

As of February 2025, the monthly price index for construction materials in Japan stood at 141.8 points. This represented a decrease of 0.1 index points compared to the same month in 2023.

Intratec Plant Construction Cost Indexes (IC Indexes) are multipliers that adjust the construction cost of industrial plants over time. In other words, the IC Indexes provide a monthly series that measures changes in the capital expenditure (capex) required for building industrial plants.

IC Indexes monthly series measure the changes in the average cost of constructing a manufacturing plant, with historical data and short-term forecasts available to predict trends. Free previews for all IC Indexes are available at Intratec website.

IC Indexes for China and up to 32 other countries are part of Intratec Industry Economics Worldwide. Subscribe and access now key factors impacting the costs of commodity manufacturing operations in strategic countries.

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).

The Construction Price Indexes provide price indexes for single-family houses sold and for single-family houses under construction. The houses sold index incorporates the value of the land and is available quarterly at the national level and annually by region. The indexes for houses under construction are available monthly at the national level. The indexes are based on data funded by HUD and collected in the Survey of Construction (SOC).

United States - Producer Price Index by Commodity: Construction (Partial): New Industrial Building Construction was 167.08900 Index Jun 2007=100 in March of 2022, 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 167.75500 in February of 2022 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 March of 2025.