RAMALLAH, September 25, 2017 (WAFA) - Construction Cost Index (CCI) and other  related indexes increased in August in the Palestine, the Palestinian Central Bureau of Statistics (PCBS) said on Monday.

CCI for residential buildings increased by 0.21% in the West Bank due to increase in the prices of raw materials by 0.36%, and in spite of decrease of rental of equipment by 0.13%. At the same time, labor wages remained stable during August compared with the previous month.

CCI for non-residential buildings also increased by 0.26% in the West Bank due to increase in the prices of raw materials by 0.43%, while rental of equipment decreased by 0.17%. Labor wages remained stable.

CCI for skeleton buildings increased by 0.54% in the West Bank due to increase in the prices of raw materials by 0.85%, while rental of equipment decreased by 0.23%. Labor wages remained stable.

The overall Road Cost Index (RCI) also increased by 0.66% in the West Bank during August compared with July due to increase in operating costs of equipment and maintenance by 2.33% and prices of raw materials by 1.21%, while rental of equipment decreased by 0.52%. Labor wages also remained stable during August.

The overall Water Networks Cost Index (WNCI) increased as well in August by 0.43% in the West Bank, Water Reservoirs cost Index increased by 1.08%, and Water Networks Cost Index increased  by 0.17%, said the PCBS.

Sewage Networks Cost Index (SNCI) slightly increased by 0.07% in the West Bank during August.

M.K.