The construction costs 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.
In the second quarter of 2022, in comparison with the first quarter of 2022, the construction costs for new residential buildings increased
by 3.8%, the material costs by 0.2% and the labor costs by 12.5%.
In the second quarter of 2022, in comparison with second quarter of 2021, the construction costs for new residential buildings increased
by 20.7%, the material costs by 19.8% and the labor costs by 22.6%.