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 January,01/2021

Increase in the Construction Cost Index (CCI) for Residential Buildings

The Construction Cost Index (CCI) for residential buildings reached 108.74 with an increase of 1.17% in the West Bank* during January 2021 compared with December 2020 (base year 2013=100).

At the level of major groups, the prices of raw materials increased by 2.02%, while rental of equipment slightly decreased by 0.04%. At the same time, labour costs and wages remained stable during January 2021 compared with the previous month.

Increase in the Construction Cost Index (CCI) for Non-residential Buildings

The Construction Cost Index (CCI) for non-residential buildings reached 108.39 with           an increase of 1.16% in the West Bank* during January 2021 compared with December 2020 (Base year 2013=100).

At the level of major groups, the prices of raw materials increased by 1.92%, while rental of equipment slightly decreased by 0.01%. At the same time, labour costs and wages remained stable during January 2021 compared with the previous month.

Increase in the Construction Cost Index (CCI) for Skeleton Buildings

The Construction Cost Index (CCI) for skeleton buildings reached 108.31 with an increase of 2.57% in the West Bank* during January 2021 compared with December 2020 (Base year 2013=100).

At the level of major groups, the prices of raw materials increased by 4.12%, while rental of equipment slightly decreased by 0.04%. At the same time, labour costs and wages remained stable during January 2021 compared with the previous month.

Increase in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) reached 107.97 with an increase of 0.73% in the West Bank* during January 2021 compared with December 2020 (Base month December 2008=100).

At the level of major groups, the prices of raw materials increased by 1.20%, and operating costs of equipment and maintenance increased by 0.77%, while rental of equipment slightly decreased by 0.01%. At the same time, labour costs and wages remained stable during January 2021 compared with the previous month.

Increase in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 118.02 with an increase of 1.61% in the West Bank* during January 2021 compared with December 2020 (Base month January 2010=100).

Water Reservoirs Cost Index reached 110.06 with an increase of 4.59%, and Water Networks Cost Index reached 121.64 with an increase of 0.43% during January 2021 compared with the previous month.

Increase in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) reached 109.14 with an increase of 0.27% in the West Bank* during January 2021 compared with December 2020 (Base month January 2010=100).

Notice:

1.    Due to COVID-19 pandemic and inability to conduct face-to-face interview, data for CCI, RCI, WNCI and SNCI has been collected using mobile phones.

2.    Gaza Strip data is not available.

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

Note:

*Data exclude those parts of Jerusalem which were annexed by Israeli Occupation in 1967.