RAMALLAH, August 25, 2015 (WAFA) - The Construction Cost Index (CCI) for Residential buildings reached 100.92 with a slight increase of 0.03% in the West Bank during July 2015 compared to June 2015, said a report issued by the Palestinian Central Bureau of Statistics (PCBS) on Tuesday.

It said that, CCI rose due to a slight increase in the prices of raw materials by 0.04%, while rental equipments slightly decreased by 0.02%. The prices of labor wages remained stable during the same period.

Meanwhile, CCI for Non-residential buildings reached 101.19 with a slight increase of 0.05% in the West Bank during July 2015 compared to the previous month.

It rose due to a slight increase in the prices of raw materials by 0.09%, while rental of equipments decreased by 0.07%. The prices of labor wages also remained stable during the same period.

As for CCI for Skeleton buildings, it reached 98.80 with a slight decrease of 0.06% in the West Bank during July 2015 compared to the previous month. It declined due to the decrease in prices of rental of equipments by 0.17%, and raw materials by 0.08%.  Prices of labor wages remained stable during the same period.

The overall Road Cost Index (RCI) reached 112.49 with a decrease of 0.22% in the West Bank during July 2015 compared to June 2015.

It declined due to the decrease in the prices of rental of equipments by 0.47%, operating costs of equipment & maintenance by 0.33%, and raw materials by 0.21%. Meanwhile, labor wages remained stable during the same period.

Meanwhile, the overall Water Networks Cost Index (WNCI) reached 109.98 with a slight decrease of 0.07% in the West Bank during July 2015 compared to June 2015.

As for the overall Sewage Networks Cost Index (SNCI), it reached 107.09 with a decrease of 0.33% in the West Bank during the same period.

T.R.