Analytics, Construction, Lithuania, Real Estate

Fig. 1. Monthly changes in construction input prices, compared to the previous month

In July 2010, compared to June, the overall change in construction input prices was mostly influenced by a 2.9% increase in wages and salaries and overheads. Hourly labour costs of the operation of construction machines and mechanisms grew by 0.1%. Prices for building materials and products in July remained almost unchanged.  

The change in prices for building materials and products was mostly influenced by a 0.7% increase in prices for articles of wood, 0.6% – metallic articles, 0.5% – insulation materials, as well as by a 1.7% decrease in prices for finishing materials, 0.5% – pipes, 0.2% – various kinds of concrete and mortar.  

Over the year (July 2010, compared to July 2009), construction input prices dropped by 2%. The annual price drop was conditioned by a decrease (by 3.4%), over twelve months, in prices for building materials and products and an increase (by 1%) in wages and salaries and overheads. 

Fig. 2. Annual changes in construction input prices, compared to the same month of the previous year

Table 1. Changes in construction input prices by type of structure, July 2010, %

X – the indicator is not calculated in such expression. 

Table 2. Changes in prices for the main components of construction input, July 2010, %