Analytics, Construction, Lithuania, Real Estate

Over the month, the largest increase was observed in prices for the construction of residential buildings – by 1.3%, repair of buildings – 1.4%.

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

As for building materials and products, the highest increase in prices over a month was observed in prices for concrete and reinforced concrete products – by 0.7%, metallic products – 0.4%, electrical engineering materials and wood products – 0.2%, decrease – in prices for insulation materials and various types of concrete and mortar (by 0.3% each).

Over a year (in June 2012, against June 2011), construction input prices increased by 3.2%. The annual price change was determined by an increase in prices for building materials and products – by 3.6%, wages and salaries – 2.8%. As for building materials and products, the most noticeable increase was observed in prices for various types of concrete and mortar – by 7.4%, concrete and reinforced concrete products – 6.7%, general building materials – 5.2%, finishing materials – 4.5%, metal products – 4%, insulation materials – 3%.

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, June 2012, %

x – the indicator is not calculated in such expression.

Table 2. Changes in prices for the main components of construction input, June 2012, %

Table 3. The influence of construction input prices on the overall monthly price change (in June 2012, against May)

Percentage points

The influence on the overall change in construction input prices is determined not only by the rate of change of the construction input component price but also by the relative share of that component in the total value of construction.

CC refers to the Classification of Types of Construction.