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PCBS | PCBS: The Price Indices for Construction Cost, Road Cost, Water Networks Cost, Sewage Networks Cost in the West Bank in 12/2012 and During 2012

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 2012

 

The Overall Construction Cost Index (CCI) for the West Bank with its base month (December 2007=100) reached 113.40 in 2012 with an  increase of 0.88% compared to 2011.

 

The Overall Road Cost Index (RCI) for the West Bank with its base month (December 2008=100) reached 114.55 in 2012 with an increase of 3.43% compared to 2011.

 

The Overall Water Networks Cost Index (WNCI) for the West Bank with its base month (January 2010=100) reached 109.25 in 2012 with an increase of 2.36% compared to 2011.

 

The Overall Sewage Networks Cost Index (SNCI) for the West Bank with its base month (January 2010=100) reached 104.86 in 2012 with an increase of 1.26% compared to 2011.

 

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 2012

 

Increase in Construction Cost Index (CCI)

The overall Construction Cost Index (CCI) reached 113.31 with an increase of 0.07% in the West Bank during December compared to November 2012 (base month December 2007=100).

 

The changes in the Construction Cost Index for December  2012 is traced back to the changes in the cost of the following major construction inputs compared to the previous month:

 

Major Groups

%Change

Raw materials

+ 0.01%

Cement products

+ 0.60%

Quarries and quarrying products

+ 0.58%

Cutting and shaping stones

+ 0.41%

Aluminum and metal doors and windows

+ 0.34%

Iron and steel

1.51%-

Cement, lime & gypsum

1 .26%-

Rental of equipment

+ 0.12%

Labor cost and wages

0.27% +

       

 

 

 

Increase in Road Cost Index (RCI)

The overall Road Cost Index (RCI) reached 116.21 with an increase of 0.08% in the West Bank during December compared to November 2012 (base month December 2008=100).

 

The changes in the Road Cost Index for December 2012 is traced back to the changes in the cost of the following major road inputs compared to the previous month:

 

 

Major Groups

%Change

Raw materials

+ 0.01%

Quarries and quarrying products

 

+ 1.84%

Other metals

+ 0.42%

Iron and steel

- 1.67%

Asphalt, bitumen mixture and its products

- 0.85%

Cement

- 0.66%

Road paints

- 0.09%

Rental of equipment

+ 0.16%

Labor cost and wages

 0.40%+

Increase in Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 110.14 with an increase of 0.13% in the West Bank during December compared to November 2012 (base month January 2010=100).

 

The changes in the Water Networks Cost Index for December 2012 is traced back to the changes in the cost of the following major water networks inputs compared to the previous month:

 

Major Groups

%Change

Water Reservoirs

- 0.57%

Iron

- 1.78%

Construction work and paint

- 0.11%

Excavations

+ 0.22%

Concrete

+ 0.20%

Water Networks

+ 0.45%

Deface Materials

+ 1.13%

Plastic and steel pipes

+ 0.62%

Excavations

+ 0.22%

 

Asphalt, bitumen mixture and its products

- 0.87%

 

 

Increase in Sewage Networks Cost Index

The overall Sewage Networks Cost Index (SNCI) reached 106.12 with an increase of 0.28% in the West Bank during December compared to November 2012 (base month January 2010=100).

 

The changes in the Sewage Networks Cost Index for December 2012 is traced back to the changes in the cost of the following major sewage networks inputs compared to the previous month:

 

Major Groups

%Change

Deface Materials

+ 1.13%

Excavations

 0.22%+

Plastic and cement pipes

+ 0.10%

Fountains

0.00%

Asphalt, bitumen mixture &  its products

- 0.87%

 

Note:

The data of the West Bank doesn’t cover those parts of Jerusalem which were annexed by Israel 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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