Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank During September, 09/2017


Increase in the Construction Cost Index (CCI) for Residential Buildings
The Construction Cost Index (CCI) for residential buildings reached 104.71 with an increase of 0.52% in the West Bank* during September 2017 compared with August 2017 (base year 2013=100).

The CCI for residential buildings increased due to the increase in the prices of raw materials by 0.66%, and labour wages by 0.44%, while rental of equipment decreased by 0.26% during September 2017 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 104.72 with an increase of 0.51% in the West Bank* during September 2017 compared with August 2017 (base year 2013=100).

The CCI for non-Residential buildings increased due to the increase in the prices of raw materials by 0.63%, and labour wages by 0.44%, while rental of equipment decreased by 0.27% during September 2017 compared with the previous month.

Increase in the Construction Cost Index (CCI) for Skeleton Buildings
The Construction Cost Index (CCI) for skeleton buildings reached 103.54 with an increase of 1.03% in the West Bank* during September 2017 compared with August 2017 (base year 2013=100).

The CCI for skeleton buildings increased due to the increase in the prices of raw materials by 1.46%, and labour wages by 0.38%, while rental of equipment decreased by 0.23% during September 2017 compared with the previous month.

Decrease in the Road Cost Index (RCI)
The overall Road Cost Index (RCI) reached 108.19 with a decrease of 0.11% in the West Bank* during September 2017 compared with August 2017 (base month December 2008=100).

The overall RCI decreased due to the decrease in the  prices of raw materials by 0.34%, while labour wages increased by 0.87%, operating costs of equipment and maintenance increased by 0.19%, and rental of equipment slightly increased by 0.03% during September 2017 compared with the previous month.

Increase in the Water Networks Cost Index (WNCI)
The overall Water Networks Cost Index (WNCI) reached 112.18 with an increase of 0.18% in the West Bank* during September 2017 compared with August 2017 (base month January 2010=100).

Water Reservoirs Cost Index reached 106.47 with an increase of 1.37%, while Water Networks Cost Index reached 114.78 with a decrease of 0.32% during September 2017 compared with the previous month.

Decrease in the Sewage Networks Cost Index (SNCI)
The overall Sewage Networks Cost Index (SNCI) reached 108.58 with a decrease of 0.27% in the West Bank* during September 2017 compared with August 2017 (base month January 2010=100).


Note:
*: The data of  West Bank doesn't include that part of Jerusalem governorate which was annexed forcefully by Israel following its occupation of the West Bank    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.

Close
Close