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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 June, 06/2021

 Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI)

in the West Bank* during June, 06/2021

 

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

The Construction Cost Index (CCI) for residential buildings reached 113.03 with an increase of 1.70% in the West Bank* during June 2021 compared with May 2021 (base year 2013=100).

 

At the level of major groups, the prices of raw materials increased by 2.30%, labour costs and wages increased by 0.85%, and rental of equipment increased by 0.15% during June 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 reached 112.57 with an increase of 1.69% in the West Bank* during June 2021 compared with May 2021 (Base year 2013=100).

 

At the level of major groups, the prices of raw materials increased by 2.23%, labour costs and wages increased by 0.85%, and rental of equipment increased by 0.17% during June 2021 compared with the previous month.

 

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

The Construction Cost Index (CCI) for skeleton buildings reached 114.33 with an increase of 2.13% in the West Bank* during June 2021 compared with May 2021 (Base year 2013=100).

 

At the level of major groups, the prices of raw materials increased by 2.66%, the prices of labour costs and wages increased by 1.26%, and the prices of rental of equipment increased by 0.15% during June 2021 compared with the previous month.

 

Increase in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) reached 109.09 with an increase of 0.83% in the West Bank* during June 2021 compared with May 2021 (Base month December 2008=100).

 

At the level of major groups, the price of operating costs of equipment and maintenance group increased by 2.20%, raw materials increased by 1.42%, and rental of equipment increased by 0.10%, while labour costs and wages group decreased by 0.63% during June 2021 compared with May 2021 (Base year 2013=100).

 

Increase in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 122.84 with an increase of 2.00% in the West Bank* during June 2021 compared with May 2021 (Base month January 2010=100).

 

Water Reservoirs Cost Index reached 118.37 with an increase of 2.58%, and Water Networks Cost Index reached 124.86 with an increase of 1.75% during June 2021 compared with the previous month.

 

Increase in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) reached 110.11 with an increase of 0.55% in the West Bank* during June 2021 compared with May 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.

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