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Theme: Prices


Construction cost indices for new residential buildings, second quarter of 2013

05.09.2013


The construction cost indices for new residential buildings are intended for reviewing or monitoring costs incurred by a
construction company in the execution of the construction process of building new residential buildings. The main users of
construction cost indices for new residential buildings are construction companies, which refer to the movement of construction
costs in calculations when entering a construction contract.
According to the State Statistical Office data, in the second quarter of 2013, the construction costs for new residential buildings
increased by 1.2% in comparison with the second quarter of 2012.
In the second quarter of 2013, in comparison with the first quarter of 2013, the construction costs for new residential buildings
increased by 0.7%, the material costs decreased by 1.1%, while the labour costs increased by 6.3%.
In the second quarter of 2013, in comparison with the second quarter of 2012, the construction costs for new residential buildings
increased by 1.2%, the material costs decreased by 3.7%, whereas the labour costs increased by 18.8%.





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