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PCBS | PCBS:The Price Indices for Construction Cost, Road Cost, Water Networks Cost, Sewage Networks Cost in the West Bank in July; 07/2012

 Palestinian Central Bureau of Statistics (PCBS)

 Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank during July 2012

 

Decline in Construction Cost Index (CCI)

The overall Construction Cost Index (CCI) reached 113.20 with a decrease of 0.17% in the West Bank during July compared to June 2012 (base month December 2007=100).

 

The changes in the Construction Cost Index for July 2012 is traced back to the changes in the cost of the following major construction inputs compared to the previous month:

 

Major Groups

%Change

Raw materials

- 0.30%

Iron and steel

- 1.32%

Aluminum & metal doors & windows

- 0.37%

Cement Products

- 0.11%

Cutting and shaping stones

- 0.10%

Cement, lime & gypsum

+ 0.29%

Quarries and quarrying products

+ 0.22%

Rental of equipment

+ 0.11%

Labor cost and wages

+ 0.04%

 

 

 

 

 

Stability in Road Cost Index (RCI)

The overall Road Cost Index (RCI) reached 113.94 with slight decrease of 0.05% in the West Bank during July compared to June 2012 (base month December 2008=100).

 

The changes in the Road Cost Index for July 2012 is traced back to the changes in the cost of the following major road inputs compared to the previous month:

 

Major Groups

%Change

Raw materials

- 0.08%

Iron and steel

- 1.40%

Road paints

- 0.51%

Cement products

- 0.26%

Asphalt, bitumen mixture and its products

- 0.08%

Quarries & quarrying products

+ 0.46%

Cement

+ 0.21%

Operating costs of equipment & maintenance

 

- 2.38%

Transportation Fees

+ 0.14%

Rental of equipment

+ 0.24%

Labor costs and wages

+ 0.05%

 

Stability in Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 108.82 with a slight decrease of 0.02% in the West Bank during July compared to June 2012 (base month January 2010=100).

 

The changes in the Water Networks Cost Index for  July 2012  is traced back to the changes in the cost of the following major water networks inputs compared to the previous month:

 

Major Groups

%Change

Water Reservoirs

- 0.77%

Iron

- 1.49%

Construction work and paint

- 1.69%

Concrete

- 0.21%

Excavations

+ 0.42%

Water Networks

+ 0.33%

Deface Materials

+ 0.66%

Plastic and steel pipes

+ 0.65%

 

Excavations

+ 0.42%

Asphalt, bitumen mixture and its products

- 0.07%

 

Stability in Sewage Networks Cost Index

The overall Sewage Networks Cost Index (SNCI) reached 104.43 with a slight decrease  of 0.07% in the West Bank during July compared to June 2012 (base month January 2010=100).

 

The changes in the Sewage Networks Cost Index for July 2012 is traced back to the changes in the cost of the following major sewage networks inputs compared to the previous month:

 

  

Major Groups

%Change

 

 

Fountains

- 0.80%

Asphalt, bitumen mixture &  its products

- 0.07%

Plastic and cement pipes

- 0.06%

Deface materials

+ 0.66%

Excavations

+ 0.42%

 

Note:

The data of the West Bank doesn’t cover those parts of Jerusalem which were annexed by Israel in 1967.

 

NB:

Gaza Strip data is not available.

 The difference in the percentage change in major groups of road, construction, water networks, and sewage networks cost index is due to the nature compositions of these major groups.

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