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 July, 07/ 2022

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

The Construction Cost Index (CCI) for residential buildings remained stable at the level of 119.39 in the West Bank* during July 2022 (Base year 2013=100).

At the level of major groups, the price of rental of equipment increased by 0.45%. While, the price of raw material slightly decreased by 0.04%. At the same time, labour costs and wages remained stable during July 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 118.56 with a slight increase of 0.05% during July 2022 compared with June 2022 (base year 2013=100).

At the level of major groups, the price of rental of equipment increased by 0.41%, and the price of raw material slightly increased by 0.06%. While, labour costs and wages remained stable during July 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 120.03 with a decrease of 0.68% during July 2022 compared with June 2022 (Base year 2013=100).

At the level of major groups, the price of raw materials decreased by 1.07%. While, the price of rental of equipment increased by 0.45%. At the same time, labour costs and wages remained stable during July 2022 compared with the previous month.

Increase in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) in the West Bank* reached 115.59 with an increase of 0.75% during July 2022 compared with June 2022 (Base month December 2008=100).

At the level of major groups, the price of operating costs of equipment and maintenance increased by 3.08%, the price of rental of equipment increased by 1.08%, and the price of raw material increased by 0.81%. At the same time, labour costs and wages remained stable during July 2022 compared with the previous month.

Decrease in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 129.21 with a decrease of 0.32% in the West Bank* during July 2022 compared with June 2022 (Base month January 2010=100).

Water reservoirs Cost Index reached 122.86 with a decrease of 1.05% and water networks Cost Index reached 132.09 with a slight decrease of 0.01% during July 2022 compared with June 2022.

Increase in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) in the West Bank* reached 114.22 with an increase of 0.28% during July 2022 compared with June 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.