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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 2017 & December, 12/201

Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank*
During 2017& during December,12/ 2017
 
Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank* During 2017

Increase in the Construction Cost Index (CCI) for Residential Buildings
The Construction Cost Index (CCI) for Residential buildings in the West Bank* reached 104.15 during 2017 with an increase of 2.32% compared with 2016 (base year 2013=100).

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 104.16 during 2017 with an increase of 2.17% compared with 2016 (base year 2013=100).

Increase in the Construction Cost Index (CCI) for Skeleton Buildings
The Construction Cost Index (CCI) for Skeleton buildings in the West Bank* reached 102.61 during 2017 with an increase of 3.42% compared with 2016 (base year 2013=100).

Increase in the Road Cost Index (RCI)
The overall Road Cost Index (RCI) in the West Bank* reached 108.05 during 2017 with an increase of 0.54% compared with 2016 (Base month December 2008=100).

Increase in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) in the West Bank* reached 111.92 during 2017 with an increase of 1.38% compared with 2016 (Base month January 2010=100).

Increase in the Sewage Networks Cost Index (SNCI)
The overall Sewage Networks Cost Index (SNCI) in the West Bank* reached 108.62 during 2017 with an increase of 0.93% compared with 2016 (Base month January 2010=100).



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,12/ 2017


Increase in the Construction Cost Index (CCI) for Residential Buildings
The Construction Cost Index (CCI) for residential buildings reached 105.61 with an increase of 0.51% in the West Bank* during December 2017 compared with November 2017 (base year 2013=100).

The CCI for residential buildings increased due to the increase in labour wages by 0.75%, the prices of raw materials by 0.45%, and rental of equipment by 0.27% during December 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 105.58 with an increase of 0.47% in the West Bank* during December 2017 compared with November 2017 (base year 2013=100).

The CCI for non-Residential buildings increased due to the increase in labour wages by 0.75%, the prices of raw materials by 0.39%, and rental of equipment by 0.21% during December 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 105.10 with an increase of 0.95% in the West Bank* during December 2017 compared with November 2017 (base year 2013=100).

The CCI for skeleton buildings increased due to the increase in the prices of raw materials by 1.13%, and labour wages by 0.70%. At the same time, rental of equipment remained stable during December 2017 compared with the previous month.

Increase in the Road Cost Index (RCI)
The overall Road Cost Index (RCI) reached 109.37 with an increase of 0.52% in the West Bank* during December 2017 compared with November 2017 (base month December 2008=100).

The overall RCI increased due to the increase in operating costs of equipment and maintenance by 0.76%, rental of equipment by 0.72%, the prices of raw materials by 0.62%, and labour wages slightly increased by 0.01% during December 2017 compared with the previous month.

Increase in the Water Networks Cost Index (WNCI)
The overall Water Networks Cost Index (WNCI) reached 113.39 with an increase of 0.54% in the West Bank* during December 2017 compared with November 2017 (base month January 2010=100).

Water Reservoirs Cost Index reached 108.66 with an increase of 1.21%, and Water Networks Cost Index reached 115.54 with an increase of 0.25% during December 2017 compared with the previous month.

Slight Increase in the Sewage Networks Cost Index (SNCI)
The overall Sewage Networks Cost Index (SNCI) reached 109.05 with a slight increase of 0.03% in the West Bank* during December 2017 compared with November 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.
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