State Statistical Office: Construction cost indices for new residential buildings, second quarter of 2015

Theme: Prices

Construction cost indices for new residential buildings, second quarter of 2015

04.09.2015

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 second quarter of 2015, the construction costs for new residential buildings
decreased by 1.3% in comparison with the second quarter of 2014.
In the second quarter of 2015, compared to the first quarter of 2015, the construction costs for new residential buildings increased
by 0.4%, the material costs decreased by 1.5%, while the labour costs increased by 5.9%.
In the second quarter of 2015, in comparison with the second quarter of 2014, the construction costs for new residential buildings
decreased by 1.3%, the material costs decreased by 3.1%, whereas the labour costs increased by 4.0%.

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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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