State Statistical Office: Construction cost indices for new residential buildings, fourth quarter of 2011

Theme: Prices

Construction cost indices for new residential buildings, fourth quarter of 2011

05.03.2012

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 fourth quarter of 2011, the construction costs for new residential buildings
increased by 2.9% in comparison with the fourth quarter of 2010.
In the fourth quarter of 2011, in comparison with the third quarter of 2011, the construction costs for new residential buildings
increased by 1.7%, the material costs increased by 2.5%, while the labour costs decreased by 0.1%.
In the fourth quarter of 2011, in comparison with the fourth quarter of 2010, the construction costs for new residential buildings
increased by 2.9%, the material costs increased by 3.8% and the labour costs increased by 0.7%.

Download the entire news release

Download tables

Data in the published news release are free of charge. When using the data, please cite the source.
For further information, please contact:

phone: +389 2 3295 858

e-mail: lefterija.kalevska@stat.gov.mk apostol.simovski@stat.gov.mk

News releases

Statistics by theme