The Price Indices For Construction Cost, Road Cost, Water Networks Cost, Sewage Networks Cost In The West Bank, During July, 07/2019

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 July 2019 compared with June 2019 (base year 2013=100).

At the level of major groups, rental of equipment increased by 0.32%, while the prices of raw materials slightly decreased by 0.01%. At the same time, labour wages remained stable during July 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 105.82 with a slight decrease of 0.03% in the West Bank* during July 2019 compared with June 2019 (base year 2013=100).

At the level of major groups, the prices of raw materials slightly decreased by 0.07%, while rental of equipment increased by 0.36%. At the same time, labour wages remained stable during July 2019 compared with the previous month.

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

The Construction Cost Index (CCI) for skeleton buildings remained stable at the level of 104.87 in the West Bank* during July 2019 compared with June 2019 (base year 2013=100).

At the level of major groups, rental of equipment increased by 0.36%, while the prices of raw materials slightly decreased by 0.03%. At the same time, labour wages remained stable during July 2019 compared with the previous month.

Increase in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) reached 109.62 with an increase of 0.21% in the West Bank* during July 2019 compared with June 2019 (base month December 2008=100).

At the level of major groups, the prices of raw materials increased by 0.30%, and rental of equipment increased by 0.14%, while operating costs of equipment and maintenance decreased by 0.41%. At the same time, labour wages remained stable during July 2019 compared with the previous month.

Slight Increase in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 113.68 with a slight increase of 0.06% in the West Bank* during July 2019 compared with June 2019 (base month January 2010=100).

Water Networks Cost Index reached 116.64 with an increase of 0.13%, while Water Reservoirs Cost Index reached 107.16 with a decrease of 0.13% during July 2019 compared with the previous month.

Slight Increase in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) reached 109.79 with a slight increase of 0.08% in the West Bank* during July 2019 compared with June 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

Source: Palestine Central Bureau of Statistics