Palestinian Central Bureau of Statistics (PCBS)

 

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

in the West Bank* During 2022

 

 

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

The Construction Cost Index (CCI) for Residential buildings in the West Bank* reached 118.97 during 2022 with a sharp increase of 5.85% compared with 2021 (Base year 2013=100).

 

 At the level of major groups, the price of raw material increased by 6.48%, the labour costs and wages increased by 5.55%, and the prices of rental of equipment increased by 3.11% during 2022 compared with the previous year.

 

Sharp 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 118.15 during 2022 with a sharp increase of 5.57% compared with 2021 (Base year 2013=100).

 

At the level of major groups, the price of raw material increased by 5.98%, the labour costs and wages increased by 5.55%, and the prices of rental of equipment increased by 3.12% during 2022 compared with the previous year

 

Sharp increase in the Construction Cost Index (CCI) for Skeleton Buildings

The Construction Cost Index (CCI) for Skeleton buildings in the West Bank* reached 120.04 during 2022 with a sharp increase of 6.41% compared with 2021 (Base year 2013=100).

 

At the level of major groups, the price of raw material increased by 7.38%, the labour costs and wages increased by 5.01%, and the prices of rental of equipment increased by 3.11% during 2022 compared with the previous year.

 

Sharp increase in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) in the West Bank* reached 114.35 during 2022 with a sharp increase of 5.01% compared with 2021 (Base month December 2008=100).

 

At the level of major groups the prices of operating costs of equipment and maintenance increased by 10.24%, the labour costs and wages increased by 7.99%, the price of raw material increased by 5.15%, and the prices of rental of equipment increased by 4.21% during 2022 compared with the previous year.

 

Sharp increase in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) in the West Bank* reached 128.84 during 2022 with a sharp increase of 5.82% compared with 2021 (Base month January 2010=100).

 

Water reservoirs Cost Index reached 123.00 with an increase of 6.56%, and water networks Cost Index reached 131.49 with an increase of 5.50% during 2022 compared with the previous year.

 

 

Increase in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) in the West Bank* reached 113.93 during 2022 with a sharp increase of 3.52% compared with 2021 (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.

 

Please note that the press release in English is brief compared to the Arabic version