Informations Rapides ·
28 June 2024 · n° 170
In Q1 2024, production costs in construction rose by 1.3% over a year Costs of production indices in construction - first quarter 2024
In Q1 2024, the production costs in construction rose by 0.4% over a quarter, after +0.2% in the previous quarter. They rose in civil engineering (+0.2% after +0.4%), in construction of buildings (+0,3 % after +0.1%) and in specialised construction works (+0.4% after +0.1%). The rise of labour costs (+0.7%) and materials were partially offset by a fall in energy costs (-2.6%).
Year on year, production costs in construction slowed down (+1.3% in Q1 2024 after +2.2% in Q1 2023). The production costs were almost stable in civil engineering (-0.1% after -0.8%) but slowed down in buildings construction (+1.3% after +3.2%) and specialized construction works (+1.6% after +2.8%).
With effect from this publication, the construction production cost indices are published with 2021 as the base year (base 100); the indices of the previous quarters have been aligned with this base.
In Q1 2024, the production costs in construction rose by 0.4% over a quarter, after +0.2% in the previous quarter. They rose in civil engineering (+0.2% after +0.4%), in construction of buildings (+0,3 % after +0.1%) and in specialised construction works (+0.4% after +0.1%). The rise of labour costs (+0.7%) and materials were partially offset by a fall in energy costs (-2.6%).
Year on year, production costs in construction slowed down (+1.3% in Q1 2024 after +2.2% in Q1 2023). The production costs were almost stable in civil engineering (-0.1% after -0.8%) but slowed down in buildings construction (+1.3% after +3.2%) and specialized construction works (+1.6% after +2.8%).
tableauVariations in producer costs in construction
| Heading | Weights | Q1 2024/ Q4 2023 | Q1 2024/ Q1 2023 |
|---|---|---|---|
| F Construction | 100.0 | 0.4 | 1.3 |
| By NAF division: | |||
| 41.2 Construction of buildings | 7.2 | 0.3 | 1.3 |
| 42 Civil engineering | 19.3 | 0.2 | -0.1 |
| 43 Specialised construction works | 73.4 | 0.4 | 1.6 |
| 43BT Buildings | 63.8 | 0.2 | 1.6 |
| 43BTC New buildings | 24.2 | 0.3 | 1.4 |
| 43BTR Existing buildings | 39.6 | 0.3 | 1.7 |
| 43TP Specialised works for civil engineering | 9.6 | 1.4 | 2.2 |
| By business sector: | |||
| Buildings (41.2 + 43BT) | 71.0 | 0.2 | 1.5 |
| Public works (42 + 43TP) | 29.0 | 0.7 | 0.8 |
- Source: INSEE
tableauProduction costs in construction
| Construction | Construction of buildings | Civil engineering | Specialised construction works | |
|---|---|---|---|---|
| 2024-03 | 112.0 | 112.4 | 112.8 | 111.7 |
| 2024-02 | 112.0 | 112.4 | 112.4 | 111.8 |
| 2024-01 | 111.6 | 112.1 | 112.3 | 111.4 |
| 2023-12 | 111.5 | 112.0 | 112.2 | 111.2 |
| 2023-11 | 111.4 | 111.9 | 112.2 | 111.1 |
| 2023-10 | 111.5 | 112.0 | 112.3 | 111.3 |
| 2023-09 | 111.5 | 111.9 | 112.4 | 111.3 |
| 2023-08 | 111.3 | 112.0 | 111.7 | 111.2 |
| 2023-07 | 111.0 | 111.6 | 111.3 | 110.8 |
| 2023-06 | 111.0 | 111.7 | 111.6 | 110.8 |
| 2023-05 | 110.8 | 111.6 | 112.0 | 110.5 |
| 2023-04 | 111.0 | 111.6 | 112.8 | 110.6 |
| 2023-03 | 110.8 | 111.5 | 112.6 | 110.3 |
| 2023-02 | 110.5 | 111.0 | 112.3 | 110.0 |
| 2023-01 | 110.0 | 110.0 | 112.8 | 109.3 |
| 2022-12 | 108.9 | 108.5 | 112.2 | 108.2 |
| 2022-11 | 109.0 | 108.5 | 112.7 | 108.2 |
| 2022-10 | 109.2 | 108.4 | 114.6 | 108.0 |
| 2022-09 | 108.8 | 108.1 | 115.0 | 107.4 |
| 2022-08 | 109.2 | 108.8 | 115.0 | 107.9 |
| 2022-07 | 109.0 | 108.5 | 114.5 | 107.7 |
| 2022-06 | 108.3 | 107.9 | 113.7 | 107.0 |
| 2022-05 | 107.4 | 107.3 | 112.6 | 106.2 |
| 2022-04 | 106.6 | 106.3 | 111.9 | 105.4 |
| 2022-03 | 105.4 | 104.9 | 109.7 | 104.4 |
| 2022-02 | 104.1 | 104.0 | 107.4 | 103.4 |
| 2022-01 | 103.4 | 103.2 | 106.6 | 102.7 |
| 2021-12 | 102.0 | 101.8 | 104.3 | 101.6 |
| 2021-11 | 101.9 | 101.7 | 103.9 | 101.5 |
| 2021-10 | 101.6 | 101.4 | 103.1 | 101.2 |
| 2021-09 | 101.0 | 101.0 | 102.1 | 100.8 |
| 2021-08 | 100.7 | 100.8 | 101.0 | 100.6 |
| 2021-07 | 100.4 | 100.5 | 100.5 | 100.3 |
| 2021-06 | 99.5 | 99.5 | 99.6 | 99.5 |
| 2021-05 | 99.2 | 99.0 | 99.1 | 99.2 |
| 2021-04 | 99.0 | 99.0 | 98.5 | 99.1 |
| 2021-03 | 98.8 | 99.0 | 97.5 | 99.1 |
| 2021-02 | 98.2 | 98.5 | 95.7 | 98.8 |
| 2021-01 | 97.7 | 98.0 | 94.7 | 98.4 |
graphiqueProduction costs in construction
- Source: INSEE.
tableauBreakdown of production costs in construction
| Business sector | Production factor | Weights | Q1 2024/ Q4 2023 | Q1 2024/ Q1 2023 |
|---|---|---|---|---|
| Buildings (41.2 + 43BT) | Machinery for structural work in building construction | 2.6 | 0.7 | 3.1 |
| Machinery for finishing work in building construction | 2.3 | 2.6 | 3.5 | |
| Labour | 52.6 | 0.7 | 3.4 | |
| Energy | 0.9 | -2.6 | -4.5 | |
| Materials in construction of buildings | 16.1 | 0.1 | -1.4 | |
| Materials in renovation of buildings | 13.7 | -0.5 | -2.6 | |
| Miscellaneous costs | 9.5 | -0.2 | 1.5 | |
| Transport | 2.2 | -0.5 | 1.6 | |
| Public works (42 + 43TP) | Machinery | 19.8 | 0.6 | 4.2 |
| Labour | 33.8 | 0.4 | 2.6 | |
| Energy | 6.0 | -2.6 | -12.2 | |
| Materials in civil engineering | 19.3 | -0.1 | -3.9 | |
| Materials in specialised works for civil engineering | 9.7 | 1.5 | -1.7 | |
| Miscellaneous costs | 3.8 | -0.2 | 1.5 | |
| Transport | 5.9 | 2.5 | 5.1 | |
| Waste | 1.7 | 4.0 | 0.9 |
- Note: the labour costs in construction changes are calculated using the labour cost index LCI – hourly costs in the construction sector. Further information about Labour cost index in industry. construction and services are available at the bottom of the publication webpage.
- Source: INSEE
tableauProduction costs in buildings
| Materials in construction | Materials in renovation | All buildings | Energy | Miscellaneous costs | |
|---|---|---|---|---|---|
| 2024-03 | 118.1 | 117.3 | 111.4 | 124.0 | 111.8 |
| 2024-02 | 118.3 | 117.8 | 111.4 | 125.6 | 112.1 |
| 2024-01 | 118.2 | 117.7 | 111.1 | 120.6 | 111.2 |
| 2023-12 | 117.8 | 117.9 | 111.1 | 122.1 | 112.2 |
| 2023-11 | 118.0 | 118.2 | 110.9 | 126.6 | 111.2 |
| 2023-10 | 118.3 | 118.5 | 111.1 | 131.5 | 112.4 |
| 2023-09 | 118.6 | 119.4 | 111.0 | 132.9 | 111.6 |
| 2023-08 | 119.0 | 118.8 | 111.0 | 127.7 | 113.6 |
| 2023-07 | 118.6 | 119.2 | 110.7 | 118.3 | 113.9 |
| 2023-06 | 120.1 | 120.6 | 110.6 | 117.3 | 111.9 |
| 2023-05 | 120.6 | 120.6 | 110.4 | 116.4 | 111.9 |
| 2023-04 | 120.7 | 120.6 | 110.4 | 124.5 | 111.9 |
| 2023-03 | 121.3 | 121.2 | 110.1 | 127.2 | 110.7 |
| 2023-02 | 120.5 | 120.8 | 109.8 | 128.2 | 110.5 |
| 2023-01 | 118.0 | 120.1 | 109.0 | 132.2 | 109.0 |
| 2022-12 | 114.5 | 117.8 | 107.9 | 123.2 | 109.7 |
| 2022-11 | 115.2 | 118.3 | 107.9 | 130.0 | 108.6 |
| 2022-10 | 115.8 | 117.8 | 107.6 | 129.7 | 108.1 |
| 2022-09 | 116.4 | 117.5 | 107.2 | 120.7 | 107.4 |
| 2022-08 | 118.1 | 117.7 | 107.7 | 129.5 | 109.8 |
| 2022-07 | 117.3 | 117.5 | 107.4 | 138.5 | 109.7 |
| 2022-06 | 116.9 | 116.3 | 106.7 | 144.5 | 106.4 |
| 2022-05 | 116.6 | 115.2 | 106.0 | 131.4 | 105.1 |
| 2022-04 | 114.0 | 113.3 | 105.2 | 129.2 | 104.6 |
| 2022-03 | 110.4 | 110.6 | 104.1 | 139.5 | 102.7 |
| 2022-02 | 109.0 | 108.9 | 103.3 | 118.8 | 102.7 |
| 2022-01 | 107.7 | 107.8 | 102.6 | 112.6 | 101.7 |
| 2021-12 | 104.1 | 105.2 | 101.5 | 106.8 | 101.6 |
| 2021-11 | 104.0 | 105.0 | 101.5 | 109.0 | 101.1 |
| 2021-10 | 103.4 | 104.1 | 101.2 | 107.9 | 100.7 |
| 2021-09 | 102.9 | 103.1 | 100.8 | 101.4 | 100.3 |
| 2021-08 | 102.3 | 102.2 | 100.6 | 100.2 | 101.6 |
| 2021-07 | 101.5 | 101.3 | 100.3 | 100.8 | 101.5 |
| 2021-06 | 99.3 | 99.3 | 99.5 | 98.9 | 100.0 |
| 2021-05 | 97.8 | 97.5 | 99.2 | 97.2 | 99.4 |
| 2021-04 | 97.3 | 96.6 | 99.1 | 96.1 | 98.5 |
| 2021-03 | 96.8 | 95.9 | 99.1 | 96.9 | 98.4 |
| 2021-02 | 95.9 | 95.3 | 98.8 | 94.1 | 98.6 |
| 2021-01 | 94.7 | 94.4 | 98.4 | 90.9 | 98.3 |
graphiqueProduction costs in buildings
- Source: INSEE.
tableauProduction costs in public works
| Materials in civil engineering | Materials in specialised works | All public works | Machinery | Energy | Transport | |
|---|---|---|---|---|---|---|
| 2024-03 | 114.2 | 115.2 | 113.8 | 115.6 | 129.1 | 112.7 |
| 2024-02 | 112.7 | 115.3 | 113.6 | 115.3 | 132.8 | 112.7 |
| 2024-01 | 112.6 | 114.7 | 113.3 | 115.2 | 132.7 | 112.7 |
| 2023-12 | 112.8 | 113.3 | 112.7 | 115.4 | 133.8 | 110.0 |
| 2023-11 | 113.4 | 113.5 | 112.8 | 114.2 | 136.6 | 110.0 |
| 2023-10 | 113.7 | 113.8 | 112.9 | 114.5 | 134.6 | 110.0 |
| 2023-09 | 114.5 | 114.0 | 113.1 | 114.7 | 135.3 | 108.2 |
| 2023-08 | 113.8 | 113.4 | 112.4 | 114.1 | 127.5 | 108.2 |
| 2023-07 | 113.8 | 112.7 | 111.9 | 114.1 | 119.8 | 108.2 |
| 2023-06 | 116.1 | 112.5 | 112.0 | 113.6 | 118.3 | 107.8 |
| 2023-05 | 116.9 | 112.3 | 112.1 | 113.5 | 124.6 | 107.8 |
| 2023-04 | 117.7 | 113.0 | 112.9 | 113.9 | 135.2 | 107.8 |
| 2023-03 | 117.9 | 112.7 | 112.7 | 110.9 | 144.3 | 107.2 |
| 2023-02 | 117.9 | 112.5 | 112.4 | 110.5 | 144.1 | 107.2 |
| 2023-01 | 117.4 | 112.7 | 112.8 | 110.8 | 160.9 | 107.2 |
| 2022-12 | 118.0 | 110.4 | 111.5 | 109.0 | 155.7 | 106.8 |
| 2022-11 | 120.0 | 111.0 | 112.0 | 108.9 | 160.0 | 106.8 |
| 2022-10 | 123.9 | 111.5 | 113.3 | 108.9 | 177.8 | 106.8 |
| 2022-09 | 125.1 | 109.6 | 112.7 | 108.8 | 182.8 | 106.4 |
| 2022-08 | 126.6 | 110.2 | 113.0 | 108.3 | 178.2 | 106.4 |
| 2022-07 | 128.6 | 110.4 | 112.8 | 108.3 | 162.2 | 106.4 |
| 2022-06 | 129.1 | 110.3 | 112.3 | 105.2 | 162.8 | 104.6 |
| 2022-05 | 128.0 | 108.6 | 110.9 | 105.1 | 150.8 | 104.6 |
| 2022-04 | 123.8 | 107.9 | 110.2 | 105.3 | 161.2 | 104.6 |
| 2022-03 | 117.9 | 107.9 | 108.9 | 103.2 | 166.2 | 101.2 |
| 2022-02 | 115.4 | 104.8 | 106.3 | 103.4 | 137.8 | 101.2 |
| 2022-01 | 112.9 | 104.0 | 105.5 | 102.9 | 141.2 | 101.2 |
| 2021-12 | 108.3 | 101.8 | 103.2 | 101.6 | 128.7 | 101.2 |
| 2021-11 | 107.5 | 101.8 | 103.0 | 101.3 | 127.5 | 100.4 |
| 2021-10 | 106.6 | 101.6 | 102.5 | 101.2 | 118.9 | 100.4 |
| 2021-09 | 105.9 | 100.9 | 101.6 | 100.9 | 103.8 | 100.4 |
| 2021-08 | 103.3 | 100.6 | 100.8 | 100.5 | 97.4 | 100.5 |
| 2021-07 | 102.3 | 100.3 | 100.4 | 100.6 | 95.1 | 100.5 |
| 2021-06 | 100.4 | 99.7 | 99.7 | 100.1 | 91.6 | 100.5 |
| 2021-05 | 99.3 | 99.2 | 99.1 | 99.6 | 89.2 | 99.5 |
| 2021-04 | 97.1 | 99.1 | 98.7 | 100.1 | 87.5 | 99.5 |
| 2021-03 | 93.5 | 99.2 | 98.2 | 99.9 | 88.8 | 99.5 |
| 2021-02 | 89.3 | 98.1 | 96.7 | 97.1 | 87.8 | 98.8 |
| 2021-01 | 86.5 | 97.6 | 95.9 | 97.1 | 83.5 | 98.8 |
graphiqueProduction costs in public works
- Source: INSEE.
Revision
All series have been aligned with a new base year: the reference year is now 2021.
For further information
Monthly production cost indices are released every three months.
These indices aggregate the cost indices of six or seven factors of production: capital, labour, energy, materials, services, transport and wastes (only for public works).
These indices are subject to revision. They are primarily used as inputs for the national accounts and macroeconomics analyses.
Next issue: end of September 2024.
Documentation
Pour en savoir plus
Monthly production cost indices are released every three months.
These indices aggregate the cost indices of six or seven factors of production: capital, labour, energy, materials, services, transport and wastes (only for public works).
These indices are subject to revision. They are primarily used as inputs for the national accounts and macroeconomics analyses.
Next issue: end of September 2024.
Time series: Producer costs indices for construction
Informations Rapides: Labour cost index (LCI) – Detailed results