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 November, 11/2021

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

The Construction Cost Index (CCI) for residential buildings in the West Bank* reached 116.02 with an increase of 1.14% during November 2021 compared with October 2021 (base year 2013=100).

At the level of major groups, the prices of raw material increased by 1.92%, while the price of rental of equipment decreased by 0.14%. At the same time, labour costs and wages remained stable during November 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 in the West Bank* reached 115.40 with an increase of 1.09% during November 2021 compared with October 2021       (Base year 2013=100).

At the level of major groups, the prices of raw material increased by 1.78%, while the price of rental of equipment decreased by 0.14%. At the same time, labour costs and wages remained stable during November 2021 compared with the previous month.

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

The Construction Cost Index (CCI) for skeleton buildings in the West Bank* reached 117.42 with an increase of 2.16% during November 2021 compared with October 2021 (Base year 2013=100).

At the level of major groups, the prices of raw material increased by 3.36%, while the price of rental of equipment decreased by 0.14%. At the same time, labour costs and wages remained stable during November 2021 compared with the previous month.

Increase in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) in the West Bank* reached 110.93 with an increase of 1.22% during November 2021 compared with October 2021 (Base month December 2008=100).

At the level of major groups, the price of raw material increased by 1.79%, operating cost of equipment increased by 0.89%, and rental of equipment increased by 0.65%. At the same time, labour costs and wages remained stable during November 2021 compared with the previous month.

Increase in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 125.77 with an increase of 1.32% in the West Bank* during November 2021 compared with October 2021 (Base month    January 2010=100).

Water reservoirs Cost reached 121.12 with an increase of 2.88%, and Water networks Cost Index reached 127.89 with an increase of 0.66% during November 2021 compared with October 2021.

Increase in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) in the West Bank* reached 111.33 with an increase of 0.53% during November 2021 compared with October 2021 (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.