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.

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.

Graph and download economic data for Import Price Index (End Use): Selected Building Materials, Except Metals (IR13) from Jan 2025 to Feb 2025 about end use, materials, imports, buildings, price index, indexes, price, and USA.

Explore the average prices of construction materials in Saudi Arabia including ton, ready-mixed concrete, cement, iron, timber, cabling, and more. Stay informed on the latest prices of goods for construction projects.

Ton, Ready-mixed concrete, Cement, Iron, M, Timber, Cabling, M3, Bag(50)kg, Price, Goods, construction, Average Prices of Goods and Services

Saudi ArabiaFollow data.kapsarc.org for timely data to advance energy economics research..

This table contains 10 series, with data for years 1981 - 1990 (not all combinations necessarily have data for all years), and was last released on 2007-04-13. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Residential status (2 items: Residential; Non-residential ...), Type of materials (5 items: Total materials; Structural materials; Architectural materials; Mechanical materials ...).

China Purchasing Price Index: Building Material data was reported at 94.300 Prev Year=100 in 2024. This records an increase from the previous number of 94.100 Prev Year=100 for 2023. China Purchasing Price Index: Building Material data is updated yearly, averaging 102.600 Prev Year=100 from Dec 1986 (Median) to 2024, with 39 observations. The data reached an all-time high of 140.900 Prev Year=100 in 1993 and a record low of 94.100 Prev Year=100 in 2023. China Purchasing Price Index: Building Material data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IE: Purchasing Price Index.

Material costs for new non-residential construction in the United Kingdom grew by almost 67 percent between 2015 and June 2022. The annual average prices of construction materials used for repairs, new housing, and other new construction work increased at a similar pace during that period. By June 2022, the aggregate prices of materials soared for all types of construction work.

Indonesia Wholesale Price Index: Construction Material: Commodities: Construction Tools data was reported at 138.820 2010=100 in Jul 2019. This records an increase from the previous number of 138.470 2010=100 for Jun 2019. Indonesia Wholesale Price Index: Construction Material: Commodities: Construction Tools data is updated monthly, averaging 123.310 2010=100 from Jan 2013 (Median) to Jul 2019, with 79 observations. The data reached an all-time high of 138.820 2010=100 in Jul 2019 and a record low of 103.000 2010=100 in Jan 2013. Indonesia Wholesale Price Index: Construction Material: Commodities: Construction Tools 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.

Graph and download economic data for Producer Price Index by Industry: Clay Building Material and Refractories Manufacturing (PCU327120327120) from Dec 2011 to Feb 2025 about ceramic, materials, buildings, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Export Price Index (End Use): Selected Building Materials, Except Metals (IQ13) from Dec 1984 to Feb 2025 about end use, materials, exports, buildings, price index, indexes, price, and USA.

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.

(DC)Unit Price Index: Wilayah Persekutuan: Ceiling Materials data was reported at 110.000 Jul2008=100 in Dec 2012. This stayed constant from the previous number of 110.000 Jul2008=100 for Nov 2012. (DC)Unit Price Index: Wilayah Persekutuan: Ceiling Materials data is updated monthly, averaging 102.900 Jul2008=100 from Jul 2008 (Median) to Dec 2012, with 54 observations. The data reached an all-time high of 111.900 Jul2008=100 in May 2012 and a record low of 99.000 Jul2008=100 in Feb 2010. (DC)Unit Price Index: Wilayah Persekutuan: Ceiling Materials data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.I045: Unit Building Material Price Index .

This statistic displays the prices for construction materials in the United States as of February 2018, broken down by type. The average price for Portland cement amounted to about 113.58 U.S. dollars per metric ton.

Graph and download economic data for Import Price Index (End Use): Lumber and Other Unfinished Building Materials (IR130) from Dec 1980 to Feb 2025 about end use, materials, imports, buildings, price index, indexes, price, and USA.

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).

Construction Material Prices

The construction market intelligence (CMI) unit publication, ‘Monthly statistics of building materials and components’, presents the latest detailed information on selected building materials and contains monthly data on price indices, bricks, cement and concrete blocks. It also contains quarterly data on sand and gravel, slate, concrete roofing tiles, ready-mixed concrete and imports and exports of construction products.

Data are derived from a Department for Business, Innovation & Skills monthly Building Materials and Components statistical release.

Construction Wage Costs

The Index of Labour Costs per Hour (ILCH) is a measure of the cost of having an employee for an hour of work. It represents the total cost of employing an individual, which is primarily the earnings of the employee, but also includes non-wage costs. It is also known as the Labour Cost Index (LCI); the index is produced by all member countries of the EU and collated by Eurostat.

Data are derived from ONS data releases found here.

Russia Avg Producer Price: OKPD2: Construction Materials: Other Building Blocks & Structures of Cement, Concrete or Artificial Stone data was reported at 12,340.400 RUB/Cub m in Jan 2019. This records a decrease from the previous number of 12,365.870 RUB/Cub m for Dec 2018. Russia Avg Producer Price: OKPD2: Construction Materials: Other Building Blocks & Structures of Cement, Concrete or Artificial Stone data is updated monthly, averaging 11,831.170 RUB/Cub m from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 12,834.420 RUB/Cub m in Feb 2018 and a record low of 10,261.180 RUB/Cub m in Jun 2018. Russia Avg Producer Price: OKPD2: Construction Materials: Other Building Blocks & Structures of Cement, Concrete or Artificial Stone data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PB017: Average Producer Price: Construction Materials.