The construction costs indices for new residential buildings are intended for reviewing or monitoring costs incurred by construction
companies in the execution of the construction process of building new residential buildings. The main users of construction costs
indices for new residential buildings are construction companies, which refer to the movement of construction costs in calculations
when entering a construction contract.
In the third quarter of 2023, in comparison with the second quarter of 2023, the construction costs for new residential buildings
increased by 0.4%, the material costs decreased by 1.8% and the labour costs increased by 4.2%.
In the third quarter of 2023, in comparison with third quarter of 2022, the construction costs for new residential buildings increased by
5.6%, the material costs decreased by 2.5% and the labour costs increased by 22.8%.