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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 July, 07/2021

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,07/2021

 

 

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

The Construction Cost Index (CCI) for residential buildings reached 113.59 with an increase of 0.50% in the West Bank* during July 2021 compared with June 2021 (base year 2013=100).

 

At the level of major groups, the prices of raw materials increased by 0.82%, and rental of equipment increased by 0.28%. At the same time, labour costs and wages remained stable during July 2021 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 113.11 with an increase of 0.48% in the West Bank* during July 2021 compared with June 2021 (Base year 2013=100).

 

At the level of major groups, the prices of raw materials increased by 0.77%, and rental of equipment increased by 0.21%. At the same time, labour costs and wages remained stable during July 2021 compared with the previous month.

 

 

Increase in the Construction Cost Index (CCI) for Skeleton Buildings

The Construction Cost Index (CCI) for skeleton buildings reached 114.56 with an increase of 0.20% in the West Bank* during July 2021 compared with June 2021 (Base year 2013=100).

 

At the level of major groups, the prices of raw materials increased by 0.29%, and rental of equipment increased by 0.27%. At the same time, labour costs and wages remained stable during July 2021 compared with the previous month.

 

 

Decrease in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) reached 108.92 with a decrease of 0.15% in the West Bank* during July 2021 compared with June 2021 (Base month December 2008=100).

 

At the level of major groups, the price of raw materials decreased by 0.26%, and rental of equipment slightly decreased by 0.09%. At the same time, operating costs of equipment and maintenance group and labour costs and wages group remained stable during July 2021 compared with the previous month.

 

 

Slight Increase in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 122.87 with a slightly increase of 0.03% in the West Bank* during July 2021 compared with June 2021 (Base month January 2010=100).

 

Water Networks Cost Index reached 125.43 with an increase of 0.45%. while Reservoirs Cost reached 117.27 with a decrease of 0.96% during July 2021 compared with June 2021 (Base year 2013=100)

 

 

 

 

 

Increase in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) reached 110.25 with an increase of 0.13% in the West Bank* during July 2021 compared with June 2021 (Base month   January 2010=100).

 

 

 

Notice:

1.    Due to COVID-19 pandemic and inability to conduct face-to-face interview, data for CCI, RCI, WNCI and SNCI has been collected using mobile phones.

2.    Gaza Strip data is not available.

3.    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.

 

 

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