Home Local 24/October/2024 09:56 AM

PCBS says increase noted in the Construction Cost Index (CCI) for residential buildings

RAMALLAH, October 24, 2024 (WAFA) - According to a report by the Palestinian Central Bureau of Statistics (PCBS), an increase in the Construction Cost Index (CCI) for Residential Buildings.

The Construction Cost Index (CCI) for residential buildings in the West Bank reached 122.88 with an increase of 0.62% during September 2024 compared with August 2024 (base year 2013=100).

At the level of major groups, the prices of the labour costs and wages increased by 2.28%, and the prices of rental of equipment increased by 0.17%. While, the prices of raw material decreased by 0.11%, during September 2024 compared with the previous month.

The Construction Cost Index (CCI) for non-residential buildings in the West Bank reached 121.72 with an increase of 0.55% during September 2024 compared with August 2024 (base year 2013=100).

At the level of major groups, the prices of the labour costs and wages increased by 2.28%, and the prices of rental of equipment increased by 0.15%. While, the prices of raw material decreased by 0.17%, during September 2024 compared with the previous month.

The Construction Cost Index (CCI) for skeleton buildings in the West Bank reached 122.46 with an increase of 0.26% during September 2024 compared with August 2024 (Base year 2013=100).

At the level of major groups, the prices of the labour costs and wages increased by 1.21%, and the prices of rental of equipment increased by 0.17%. While, the prices of raw material decreased by 0.12%, during September 2024 compared with the previous month.

The overall Road Cost Index (RCI) in the West Bank reached 116.74 with a decrease of 0.37% during September 2024 compared with August 2024 (Base month December 2008=100).

At the level of major groups, the prices of the labour costs and wages decreased by 4.10%, the prices of operating costs of equipment and maintenance decreased by 1.98%, and the prices of rental of equipment slightly decreased by 0.08%. While the prices of raw material increased by 0.28% during September 2024 compared with the previous month.

The overall Water Networks Cost Index (WNCI) in the West Bank reached 131.85 with an increase of 0.43% during September 2024 compared with August 2024  (Base month January 2010=100).

Water Networks Cost Index reached 135.64 with an increase of 0.65%. While, the Water Reservoirs Cost Index reached 123.50 with a slight decrease of 0.09% during September 2024 compared with August 2024.

The overall Sewage Networks Cost Index (SNCI) in the West Bank reached 118.14 with an increase of 0.36% during September 2024 compared with August 2024 (Base month January 2010=100).

K.T

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