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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 February, 02/2019

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 February,02/2019


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

The Construction Cost Index (CCI) for residential buildings remained stable at the level of 105.97 in the West Bank* during February 2019 compared with January 2019 (base year 2013=100).

At the level of major groups, the prices of raw materials slightly decreased by 0.03%, while rental of equipment increased by 0.50%. At the same time, labour wages remained stable during February 2019 compared with the previous month.

Slight decrease in the Construction Cost Index (CCI) for Non-residential Buildings

The Construction Cost Index (CCI) for non-residential buildings reached 105.89 with a slight decrease of 0.05% in the West Bank* during February 2019 compared with January 2019 (base year 2013=100).

At the level of major groups, the prices of raw materials decreased by 0.11%, while rental of equipment increased by 0.53%. At the same time, labour wages remained stable during February 2019 compared with the previous month.

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

The Construction Cost Index (CCI) for skeleton buildings reached 105.09 with a decrease of 0.24% in the West Bank* during February 2019 compared with January 2019 (base year 2013=100).

At the level of major groups, the prices of raw materials decreased by 0.41%, while rental of equipment increased by 0.47%. At the same time, labour wages remained stable during February 2019 compared with the previous month.

Slight decrease in the Road Cost Index (RCI)
The overall Road Cost Index (RCI) reached 108.77 with a slight decrease of 0.09% in the West Bank* during February 2019 compared with January 2019 (base month December 2008=100).
At the level of major groups, operating costs of equipment and maintenance decreased by 0.31%, the prices of raw materials decreased by 0.12%, as well as, rental of equipment slightly decreased by 0.04%. At the same time, labour wages remained stable during February 2019 compared with the previous month.

Decrease in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 113.20 with a decrease of 0.39% in the West Bank* during February 2019 compared with January 2019 (base month January 2010=100).

Water Reservoirs Cost Index reached 108.12 with a decrease of 0.49%, and Water Networks Cost Index reached 115.51 with a decrease of 0.34% during February 2019 compared with the previous month.

Slight increase in the Sewage Networks Cost Index (SNCI)
The overall Sewage Networks Cost Index (SNCI) reached 109.38 with a slight increase of 0.06% in the West Bank* during February 2019 compared with January 2019 (base month January 2010=100).

Note: *Data exclude those parts of Jerusalem which were annexed by Israeli Occupation in 1967.


NB:
1.Gaza Strip data is not available.
2.The differences in the percentage change in major groups of road, construction, water networks, and sewage networks cost indices is due to the nature compositions of these major groups.


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