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Friday, 29.03.2024, 09:35
Lithuania: Changes in construction input prices
Nijolė Grigaravičienė Kainų statistikos skyriaus vyriausioji specialistė, 03.01.2020.Print version
In November 2019, against October, construction input prices increased by 0.8%.
- The
greatest influence on the overall price change was made by a 2.3% increase
in average gross hourly earnings and by a 0.2% increase in prices of
construction materials and products. As regards construction materials and
products, the largest increase in prices was observed for pipes (1.7%
each), decrease – for electrical engineering materials (1.5%).
- As for building and structures, the largest increase in prices over the month was observed for construction of civil engineering units (1.1%).
Fig.1. Changes in construction input prices over the month
Compared to the previous month (%)
Compared to the previous month (%)
- Over the year (November 2019, against November 2018), construction input prices increased by 4.8 %. This was determined by an increase in average gross hourly earnings (11.9%), prices of construction materials and products (2.2%) and hourly labour costs on operation of construction machines and mechanisms (2.1%).
- As for buildings and structures, the largest increase in prices over a year was observed for the construction of residential buildings – 5.6%. Renovation of buildings went up in price by 5.5%.
- Fig.2. Changes in construction input prices over the year
Compared to the respective month of the previous year (%)
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