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PCBS | PCBS: The Price Indices for Construction Cost, Road Cost, Water Networks Cost, Sewage Networks Cost in the West Bank, 2018 & during December, 12/2018

Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank*  during 2018 &during December,12/2018

Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank* During 2018

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

The Construction Cost Index (CCI) for Residential buildings in the West Bank* reached 105.84 during 2018 with an increase of 1.63% compared with 2017 (base year 2013=100).

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 105.78 during 2018 with an increase of 1.55% compared with 2017 (base year 2013=100).

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

The Construction Cost Index (CCI) for Skeleton buildings in the West Bank* reached 105.53 during 2018 with an increase of 2.84% compared with 2017 (base year 2013=100).

Increase in the Road Cost Index (RCI)
The overall Road Cost Index (RCI) in the West Bank* reached 110.08 during 2018 with an increase of 1.88% compared with 2017 (Base month December 2008=100).

Increase in the Water Networks Cost Index (WNCI)
The overall Water Networks Cost Index (WNCI) in the West Bank* reached 113.90 during 2018 with an increase of 1.77% compared with 2017 (Base month January 2010=100).

Increase in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) in the West Bank* reached 109.51 during 2018 with an increase of 0.82% compared with 2017 (Base month January 2010=100).

Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank* during December,12/2018

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

The Construction Cost Index (CCI) for residential buildings reached 106.00 with a slight increase of 0.09% in the West Bank* during December 2018 compared with November 2018 (base year 2013=100).

The CCI for residential buildings slightly increased due to the increase in labour wages by 1.12%, while the prices of raw materials decreased by 0.39%, and rental of equipment by 0.16% during December 2018 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 105.97 with an increase of 0.11% in the West Bank* during December 2018 compared with November 2018 (base year 2013=100).

The CCI for non-Residential buildings increased due to the increase in labour wages by 1.12%, while the prices of raw materials decreased by 0.32%, and rental of equipment by 0.11% during December 2018 compared with the previous month.


Slight Increase in the Construction Cost Index (CCI) for Skeleton Buildings
The Construction Cost Index (CCI) for skeleton buildings reached 105.61 with a slight increase of 0.09% in the West Bank* during December 2018 compared with November 2018 (base year 2013=100).

The CCI for skeleton buildings slightly increased due to the increase in labour wages by 1.17%, and rental of equipment slightly increased by 0.04%, while the prices of raw materials decreased by 0.34% during December 2018 compared with the previous month.

Decrease in the Road Cost Index (RCI)
The overall Road Cost Index (RCI) reached 109.41 with a decrease of 1.20% in the West Bank* during December 2018 compared with November 2018 (base month December 2008=100).

The overall RCI decreased due to the decrease in operating costs of equipment and maintenance by 4.10%, labour wages by 1.75%, and the prices of raw materials by 1.71%, while rental of equipment increased by 0.54% during December 2018 compared with the previous month.

Decrease in the Water Networks Cost Index (WNCI)
The overall Water Networks Cost Index (WNCI) reached 113.72 with a decrease of 0.52% in the West Bank* during December 2018 compared with November 2018 (base month January 2010=100).

Water Networks Cost Index reached 115.78 with a decrease of 0.63%, and Water Reservoirs Cost Index reached 109.21 with a decrease of 0.25% during December 2018 compared with the previous month.

Decrease in the Sewage Networks Cost Index (SNCI)
The overall Sewage Networks Cost Index (SNCI) reached 109.33 with a decrease of 0.38% in the West Bank* during December 2018 compared with November 2018 (base month January 2010=100).



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

NB:
1.    Gaza Strip data is not available.
2.    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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