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Saturday, 21.06.2025, 00:52
Construction input prices in Lithuania decreased by 13.7% in September y-o-y
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| Fig. 1. Monthly changes in construction input prices, against the previous month |
In September 2009, against August, wages and salaries and overheads dropped by 1.7%, which had the strongest impact on the overall construction input price change. The overall price change was also influenced by a 0.3% decrease in prices for building materials and products and a 0.2% decrease in hourly labour costs on operation of construction machines and mechanisms.
The change in prices for building materials and products was mostly conditioned by a 1.5% decrease in prices for basic building materials, 0.7% – finishing materials, as well as by a 1.3% increase in prices for pipes, 0.6% – plumbing materials.
Over the year (September 2009, against September 2008), construction input prices decreased by 13.7%.
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Fig. 2. Annual changes in construction input prices, against the corresponding month of the previous year |
Table 1. Changes in construction input prices by type of structure, September 2009, %
|
|
Relative share in the total value of new construction |
September 2009, against | ||
|
August 2009 |
2008 | |||
|
December |
September | |||
|
All structures |
100.0 |
-0.7 |
-10.5 |
-13.7 |
|
Residential buildings |
25.7 |
-0.9 |
-12.9 |
-17.7 |
|
Non-residential buildings |
44.6 |
-0.8 |
-10.5 |
-13.2 |
|
Administrative |
10.3 |
-0.7 |
-10.7 |
-14.4 |
|
Industrial |
16.8 |
-1.2 |
-10.5 |
-12.0 |
|
Trade |
17.5 |
-0.5 |
-10.3 |
-13.7 |
|
Civil engineering units |
29.7 |
-0.4 |
-8.4 |
-11.0 |
|
In addition, renovation |
x |
-0.9 |
-11.7 |
-16.1 |
X – the indicator is not calculated in such expression.
Table 2. Changes in prices for the main components of construction input, September 2009, %
|
|
Relative share in the total value of new construction |
September 2009, against | ||
|
August 2009 |
2008 | |||
|
December |
September | |||
|
Total construction costs |
100.0 |
-0.7 |
-10.5 |
-13.7 |
|
Materials and products |
60.0 |
-0.3 |
-5.9 |
-5.6 |
|
Operation of machines and mechanisms |
6.8 |
-0.2 |
-3.0 |
-2.6 |
|
Wages and salaries and overheads |
33.2 |
-1.7 |
-19.9 |
-28.1 |
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