Palestine

Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank

Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank* during October,10/2018

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

The Construction Cost Index (CCI) for residential buildings reached 105.86 with a slight increase by 0.07% in the West Bank* during October 2018 compared with September 2018 (base year 2013 = 100).

The CCI for residential buildings slightly increased due to the increase in rental of equipment by 0.28%, and the prices of raw materials by 0.10%. At the same time, labour wages remained stable during October 2018 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 105.84 with an increase of 0.11% in the West Bank* during October 2018 compared with September 2018 (base year 2013 = 100).

The CCI for Non-Residential buildings increased due to the increase in rental of equipment by 0.27%, and the prices of raw materials by 0.16%. At the same time, labour wages remained stable during October 2018 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 105.47  in the West Bank* during October 2018 compared with September 2018 (base year    2013 = 100).

At level of major groups of the CCI for skeleton buildings, rental of equipment increased by 0.35%, while the prices of raw materials slightly decreased by 0.02%. At the same time, labour wages remained stable during October 2018 compared with the previous month.

Slight Increase in the Road Cost Index (RCI)

The overall Road Cost Index (RCI) reached 110.00 with a slight increase of 0.05% in the West Bank* during October 2018 compared with September 2018 (base month December            2008 = 100).

The overall RCI slightly increased due to the increase in rental of equipment by 0.27%, while the prices of raw materials slightly decreased by 0.02%. At the same time, operating costs of equipment and maintenance and labour wages remained stable during October 2018 compared with the previous month.

Decrease in the Water Networks Cost Index (WNCI)

The overall Water Networks Cost Index (WNCI) reached 113.69 with a decrease of 0.13% in the West Bank* during October 2018 compared with September 2018 (base month January 2010 = 100).

Reservoirs Cost Index reached 109.64 with a decrease of 0.22%, and Water Networks Cost Index reached 115.53 with a decrease of 0.10% during October 2018 compared with the previous month.

Slight Decrease in the Sewage Networks Cost Index (SNCI)

The overall Sewage Networks Cost Index (SNCI) reached 109.38 with a slight decrease of 0.05% in the West Bank* during October 2018 compared with September 2018 (base month January 2010 = 100).

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