RAMALLAH, Wednesday, December 23, 2020 (WAFA) – The Construction Cost Index (CCI) for residential buildings reached 106.20 with an increase of 0.21% in the West Bank during November compared with October, today said the Palestinian Central Bureau of Statistics (PCBS).
At the level of major groups, the prices of raw materials increased by 0.36%, and rental of equipment increased by 0.15%. At the same time, labour costs and wages remained stable during November 2020 compared with the previous month.
Increase in the Construction Cost Index (CCI) for Non-residential Buildings
The CCI for non-residential buildings reached 105.89 with an increase of 0.27% in the West Bank during November compared with October.
At the level of major groups, the prices of raw materials increased by 0.43%, and rental of equipment increased by 0.25%. At the same time, labour costs and wages remained stable during November 2020 compared with the previous month.
The CCI for skeleton buildings reached 103.16 with a slight increase of 0.04% in the West Bank during November compared with October.
At the level of major groups, rental of equipment increased by 0.16%, and the prices of raw materials slightly increased by 0.05%. At the same time, labour costs and wages remained stable during November compared with the previous month.
The overall Road Cost Index (RCI) reached 106.70 with a decrease of 0.28% in the West Bank during November compared with October.
At the level of major groups, the prices of raw materials decreased by 0.67%, while rental of equipment increased by 0.48%. At the same time, both labour costs and wages, and operating costs of equipment and maintenance remained stable during November compared with the previous month.
The overall Water Networks Cost Index (WNCI) reached 113.92 with a slight decrease of 0.08% in the West Bank* during November compared with October.
Water Networks Cost Index reached 119.27 with a slight decrease of 0.09%, and Water Reservoirs Cost Index reached 102.15 with a slight decrease of 0.07% during November compared with the previous month.
The overall Sewage Networks Cost Index (SNCI) reached 109.23 with a decrease of 0.14% in the West Bank during November compared with October.
K.T./ K.F.
