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PCBS | PCBS: The Price Indices for Construction Cost, Road Cost, Water Networks Cost, Sewage Networks Cost in the West Bank, during December, 12/2019& duri

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 2019


Slight Decrease in the Construction Cost Index (CCI) for Residential Buildings
The Construction Cost Index (CCI) for Residential buildings in the West Bank* reached 105.81 during 2019 with a slight decrease of 0.03% compared with 2018 (base year 2013=100).

Decrease in the Construction Cost Index (CCI) for Non-residential Buildings
The Construction Cost Index (CCI) for Non-residential buildings in the West Bank* reached 105.68 during 2019 with a decrease of 0.10% compared with 2018 (base year 2013=100).

Decrease in the Construction Cost Index (CCI) for Skeleton Buildings
The Construction Cost Index (CCI) for Skeleton buildings in the West Bank* reached 104.50 during 2019 with a decrease of 0.97% compared with 2018 (base year 2013=100).

Decrease in the Road Cost Index (RCI)
The overall Road Cost Index (RCI) in the West Bank* reached 109.21 during 2019 with a decrease of 0.79% compared with 2018 (Base month December 2008=100).

Decrease in the Water Networks Cost Index (WNCI)
The overall Water Networks Cost Index (WNCI) in the West Bank* reached 113.55 during 2019 with a decrease of 0.31% compared with 2018 (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 109.78 during 2019 with an increase of 0.25% compared with 2018 (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 2019

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

The Construction Cost Index (CCI) for residential buildings reached 105.61 with an increase of 0.32% in the West Bank* during December 2019 compared with November 2019 (base year 2013=100).

At the level of major groups, labour costs and wages increased by 1.94%, while rental of equipment decreased by 0.46%, and the prices of raw materials decreased by 0.33% during December 2019 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 105.40 with an increase of 0.27% in the West Bank* during December 2019 compared with November 2019 (base year 2013=100).

At the level of major groups, labour costs and wages increased by 1.94%, while rental of equipment decreased by 0.40%, and the prices of raw materials decreased by 0.35% during December 2019 compared with the previous month.


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

The Construction Cost Index (CCI) for skeleton buildings reached 103.38 with an increase of 0.34% in the West Bank* during December 2019 compared with November 2019 (base year 2013=100).

At the level of major groups, labour costs and wages increased by 2.07%, while rental of equipment decreased by 0.45%, and the prices of raw materials decreased by 0.30% during December 2019 compared with the previous month.

Slight Increase in the Road Cost Index (RCI)
The overall Road Cost Index (RCI) reached 109.22 with a slight increase of 0.05% in the West Bank* during December 2019 compared with November 2019 (base month December 2008=100).

At the level of major groups, labour costs and wages increased by 0.56%, operating costs of equipment and maintenance increased by 0.42%, and rental of equipment slightly increased by 0.06%, while the prices of raw materials slightly decreased by 0.05% during December 2019 compared with the previous month.

Increase in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 114.58 with an increase of 1.33% in the West Bank* during December 2019 compared with November 2019 (base month January 2010=100).

Water Networks Cost Index reached 119.52 with an increase of 1.91%, while Water Reservoirs Cost Index reached 103.70 with a decrease of 0.12% during December 2019 compared with the previous month.

Slight decrease in the Sewage Networks Cost Index (SNCI)
The overall Sewage Networks Cost Index (SNCI) reached 110.14 with a decrease of 0.18% in the West Bank* during December 2019 compared with November 2019 (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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