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Theme: Prices


Construction cost indices for new residential buildings, third quarter of 2017

05.12.2017


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.
In the third quarter of 2017, compared to the second quarter of 2017, the construction costs for new residential buildings
increased by 0.9%, the material costs decreased by 0.3%, while the labour costs increased by 3.7%.
In the third quarter of 2017, in comparison with the third quarter of 2016, the construction costs for new residential buildings
increased by 3.3%, the material costs increased by 2.1% and the labour costs increased by 5.9%.





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