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Elham AbolFateh

Middle East

Construction Cost Index for buildings in West Bank up in March – Statistics bureau

Thursday 25/April/2019 - 12:49 PM
File Photo
File Photo
WAFA

The Construction Cost Index (CCI) for residential، non-residential and skeleton buildings in the West Bank increased in March by various rates in comparison to February، the Palestinian Central Bureau of Statistics (PCBS) said in a report today.

CCI for residential buildings increased by 0.11% due to increase in labor wages by 0.58%، while rental of equipment decreased by 0.36%، and the prices of raw materials slightly decreased by 0.03%.

CCI for non-residential buildings also slightly increased of 0.09% due to increase in labor wages by 0.58%، while rental of equipment decreased by 0.37%، and the prices of raw materials slightly decreased by 0.05%.

CCI for skeleton buildings increased by 0.30% due to increase in labor wages by 0.46% and the prices of raw materials by 0.29%، while rental of equipment decreased by 0.29%.

The overall Road Cost Index (RCI) also increased by 0.19% in the West Bank during March compared with February due to increase in labor wages by 2.16%، rental of equipment by 0.73%، and operating costs of equipment and maintenance by 0.43%، while the prices of raw materials decreased by 0.29%.

The overall Water Networks Cost Index (WNCI) slightly increased by 0.04%، Water Reservoirs Cost Index increased by 0.52%، while Water Networks Cost Index decreased by 0.17% during March compared with the previous month.

The overall Sewage Networks Cost Index (SNCI) decreased by 0.18% in the West Bank during March compared with February، said the PCBS.

Edited by Rabea Yehia

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