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Theme: Prices

 




Construction cost indices for new residential buildings, third quarter of 2022*

30.11.2022


01.12.2022 Dear users, due to technical error in the data, the New release Construction cost indices for new residential buildings, third quarter of 2022* is republished with corrected data.
 
The construction costs indices for new residential buildings are intended for reviewing or monitoring costs incurred by construction
companies 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 third quarter of 2022, in comparison with the second quarter of 2022, the construction costs for new residential buildings
increased by 6.0%, the material costs by 6.2% and the labour costs 5.6%.
In the third quarter of 2022, in comparison with third quarter of 2021, the construction costs for new residential buildings increased by
21.2%, the material costs by 19.5% and the labour costs by 24.9%.
 
*The release is corrected due to tehnical error in data.






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