State Statistical Office: Construction cost indices for new residential buildings, fourth quarter of 2013

Theme: Prices

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

05.03.2014

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
costs 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 2013, the construction costs for new residential buildings
increased by 1.4% in comparison with the fourth quarter of 2012.
In the fourth quarter of 2013, compared to the third quarter of 2013, the construction costs for new residential buildings remained
at the same level, the material costs increased by 0.2%, while the labour costs decreased by 0.7%.
In the fourth quarter of 2013, in comparison with the fourth quarter of 2012, the construction costs for new residential buildings
increased by 1.4%, the material costs decreased by 2.5%, whereas the labour costs increased by 14.6%.

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phone: +389 2 3295 858

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

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