Construction cost of new residential buildings

The objective of the construction cost index is to show the development of costs incurred by the contractor/producer to carry out the construction process, in others words the cost of labour, materials and plant and overheads. The construction sector corresponds to the NACE Rev. 2 section F but the split between building construction and civil engineering (CC1, CC2) is based on the Classification of types of Construction. Building construction (CC1) is further subdivided in residential building (CC11) and non-residential building (CC12). The data provided in this table concerns residential building excluding the subgroup of residencies for communities (CC11 excluding CC113). Data are not seasonally adjusted.