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. Building construction (CC1) is further subdivided in residential building (CC11) and non-residential building (CC12). Data are not seasonally adjusted.