The cost of home construction remained stable in November

The cost of home construction remained stable in November

December 27, 2023 – 17:04

The ICCV, prepared by the National Institute of Statistics, registered an almost imperceptible monthly variation of 0.01%.

Photo: MTSS

He home construction cost remained stable during the month of November, since the Housing Construction Cost Index (ICCV) registered a monthly variation of 0.01% in comparison with October, with an index number established at 105.15.

The ICCV report, prepared by the National Institute of Statistics (INE) with a base period in June 2023, shows that the ICCV with public participation varied by 0.02%, while that with private participation varied by 0.01%.

In the breakdown by components, the materials They presented a negative variation of 0.13% compared to the previous month (index number of 99.92), resulting in a negative impact of 0.05 percentage points (pp).

For its part, the labourwhose index number was 109.33, reflected a variation of 0.11% compared to October, resulting in an incidence of 0.4 pp. This section reflected the increase in wood carpentry and metalworking.

He ICCV with public participation (ICCVPu)accumulated a variation of 6.17% so far this year, and 4.92% in the last twelve months, while in November 2022 it presented a variation above 9%, and in November 2021, for below that same figure.

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What were the main variations by items?

The costs for infrastructure They had a variation of 1.30%, resulting in an incidence of 0.01%; followed by the cost of aluminum with a rate of 1.03% and an incidence of 0.04%; and the cost of sanitary instalation with a variation of 0.73% and an incidence of 0.03 pp

The podium of costs that fell compared to October is made up of the faucet applianceswith a negative variation of 0.42% (without incidence; the reinforced concrete, with a negative variation of 0.30% and a negative impact of 0.06 pp; and the elevators with a negative variation of 0.18%, without registering any incidence.

Source: Ambito

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