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 August, 08/ 2022

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

The Construction Cost Index (CCI) for residential buildings in the West Bank* reached 119.51 with a slight increase of 0.09% during August 2022 compared with July 2022 (base year 2013=100).

At the level of major groups, the price of labour costs and wages increased by 1.52%. While, the price of raw material decreased by 0.53%, and the prices of rental of equipment decreased by 0.39% during August 2022 compared with the previous month.

Slightly 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 118.67 with a slight increase of 0.10% during August 2022 compared with July 2022 (base year 2013=100).

At the level of major groups, the price of labour costs and wages increased by 1.52%. While, the price of raw material decreased by 0.48%, and the prices of rental of equipment decreased by 0.27% during August 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 119.53 with a decrease of 0.42% during August 2022 compared with July 2022 (Base year 2013=100).

At the level of major groups, the price of raw materials decreased by 1.08%, and the price of rental of equipment decreased by 0.37%. While, the prices of labour costs and wages increased by 1.09% during August 2022 compared with the previous month.

Decrease in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) in the West Bank* reached 115.21 with a decrease of 0.33% during August 2022 compared with July 2022 (Base month December 2008=100).

At the level of major groups, the price of operating costs of equipment and maintenance and the price of raw material decreased by 1.52% for both groups. While, the price of labour costs and wages increased by 2.51%, and the prices of rental of equipment increased by 1.76% during August 2022 compared with the previous month.

Stability in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) remained stable at the level of 129.21 in the West Bank* during August 2022 (Base month January 2010=100).

Water networks Cost Index reached 132.61 with an increase of 0.39%. While water reservoirs Cost Index reached 121.72 with a decrease of 0.93% during August 2022 compared with July 2022.

Increase in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) in the West Bank* reached 115.17 with an increase of 0.84% during August 2022 compared with July 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.