Palestine

Palestine – Increase in the Construction Cost Index (CCI)

 Palestinian Central Bureau of Statistics (PCBS)

Increase in the Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank* During 2021

Sharp increase in the Construction Cost Index (CCI) for Residential Buildings

The Construction Cost Index (CCI) for Residential buildings in the West Bank* reached 112.40 during 2021 with a sharp increase of 6.05% compared with 2020 (Base year 2013=100).

Sharp 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 111.92 during 2021 with a sharp increase of 5.88% compared with 2020 (Base year 2013=100).

Sharp increase in the Construction Cost Index (CCI) for Skeleton Buildings

The Construction Cost Index (CCI) for Skeleton buildings in the West Bank* reached 112.81 during 2021 with a sharp increase of 9.13% compared with 2020 (Base year 2013=100).

Increase in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) in the West Bank* reached 108.90 during 2021 with an increase of 0.78% compared with 2020 (Base month December 2008=100).

Sharp increase in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) in the West Bank* reached 121.76 during 2021 with a sharp increase of 6.45% compared with 2020 (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 110.06 during 2021 with a sharp increase of 0.47% compared with 2020 (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,12/2021

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

The Construction Cost Index (CCI) for residential buildings in the West Bank* reached 115.69 with a decrease of 0.28% during December 2021 compared with November 2021 (base year 2013=100).

At the level of major groups, the prices of raw material decreased by 0.37%, and the price of rental of equipment decreased by 0.14%. While the prices of labour costs and wages slightly increased by 0.08% during December 2021 compared with the previous month.

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

The Construction Cost Index (CCI) for non-residential buildings in the West Bank* reached 115.10 with a decrease of 0.26% during December 2021 compared with November 2021       (Base year 2013=100).

At the level of major groups, the prices of raw material decreased by 0.32%, and the price of rental of equipment decreased by 0.12%. While the prices of labour costs and wages slightly increased by 0.08% during December 2021 compared with the previous month.

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

The Construction Cost Index (CCI) for skeleton buildings in the West Bank* reached 116.95 with a decrease of 0.40% during December 2021 compared with November 2021 (Base year 2013=100).

At the level of major groups, the prices of raw material decreased by 0.68%, and the price of rental of equipment decreased by 0.14%. While the prices of labour costs and wages increased by 0.34% during December 2021 compared with the previous month.

Slight Increase in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) in the West Bank* reached 110.96 with a slight increase of 0.03% during December 2021 compared with November 2021 (Base month December 2008=100).

At the level of major groups, the price of labour costs and wages increased by 2.23%, while the price of rental of equipment decreased by 1.06%, and the price of operating costs of equipment and maintenance decreased by 0.25%, and the price of raw materials slightly decreased by 0.03% during December 2021 compared with the previous month.

Slight decrease in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 125.66 with a slight decrease of 0.09% in the West Bank* during December 2021 compared with November 2021 (Base month January 2010=100).

Water reservoirs Cost reached 120.26 with a decrease of 0.71%, while Water networks Cost Index reached 128.11 with an increase of 0.18% during December 2021 compared with November 2021.

Increase in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) in the West Bank* reached 111.51 with an increase of 0.17% during December 2021 compared with November 2021 (Base month January 2010=100).

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