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 May, 05/2022

Slight increase in the Construction Cost Index (CCI) for Residential Buildings

The Construction Cost Index (CCI) for residential buildings in the West Bank* reached 120.44 with a slight increase of 0.05% during May 2022 compared with April 2022 (base year 2013=100).

At the level of major groups, the price of rental of equipment increased by 0.11%, and the price of raw material slightly increased by 0.08%. At the same time, labour costs and wages remained stable during May 2022 compared with the previous month.

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

The Construction Cost Index (CCI) for non-residential buildings remained stable at the level of 119.62 in the West Bank* during May 2022 (Base year 2013=100).

At the level of major groups, the price of rental of equipment increased by 0.25%. At the same time, the price of raw material and labour costs and wages remained stable during May 2022 compared with the previous month.

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

The Construction Cost Index (CCI) for skeleton buildings in the West Bank* reached 123.06 with a decrease of 0.31% during May 2022 compared with April 2022 (Base year 2013=100).

At the level of major groups, the price of raw material decreased by 0.48%. While, the price of rental of equipment increased by 0.12%. At the same time, labour costs and wages remained stable during May 2022 compared with the previous month.

Increase in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) in the West Bank* reached 115.19 with an increase of 0.60% during May 2022 compared with April 2022 (Base month December 2008=100).

At the level of major groups, the price of raw material increased by 0.88%, and the price of rental of equipment increased by 0.42%. While, the price of operating costs of equipment and maintenance decreased by 0.10%. At the same time, labour costs and wages remained stable during May 2022 compared with the previous month.

Slight decrease in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 130.39 with a slight decrease of 0.03% in the West Bank* during May 2022 compared with April 2022 (Base month January 2010=100).

Water reservoirs Cost Index reached 127.82 with a decrease of 0.62%. While, water networks Cost Index reached 131.57 with an increase of 0.24% during May 2022 compared with April 2022.

Increase in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) in the West Bank* reached 113.47 with an increase of 0.14% during May 2022 compared with April 2022 (Base month January 2010=100).

Notice:

1.    Gaza Strip data is not available.

2.    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.