Informations Rapides ·
30 August 2024 · n° 221
In Q2 2024, prices of buildings' maintenance and improvement works were virtually
stable over a quarter and increased by 1.4% over a year Buildings maintenance and improvement price index - second quarter 2024
Virtual stability over a quarter
In Q2 2024, buildings’ maintenance and improvement work prices (IPEA) were virtually stable over a quarter (+0.1% after rounding, +0.5% in Q1 2024 and +0.4% in Q4 2023). They were stable in the non-residential sector (after +0.6%), as in the residential sector (after +0.5%).
Prices bounced back for “other construction installation” (+0.9% after -1.4%) and kept rising at the same pace for painting and glazing (+0.5%, as in the first quarter). They slowed down for roofing (+0.3% after +0.5%), floor and wall covering (+0.2% after +0.7%), joinery installation (+0.2% after +0.5%) and plumbing, heat and air-conditioning installation (+0.1% after +1.3%).
Prices fell back for plastering (-0.2% after +0.4%), electrical installation (-0.2% after +0.5%), and “other specialised construction activities” (-0.6% after +0.4%).
Slight slowdown over a year
Year on year, buildings' maintenance and improvement work prices slowed down marginally (+1.4% in Q2 2024, after +1.5% in the previous quarter). The price rise over a year was more pronounced in the non-residential sector (+1.7%) than in the residential sector (+1.1%).
Prices were rising the most for painting and glazing (+2.6% year on year, after +2.2%).
They were also rising markedly for floor and wall covering (+2.1% after +2.7%), as well as for roofing (+2.0% after +1.9%) and plumbing, heat and air-conditioning installation (+1.9% after +2.3%).
The rise in price was more moderate for electrical installation (+1.5% after +1.6%), “other construction installation” (+1.4% after +1.1%), as well as for plastering (+1.3% after +2.2%).
Finally, the sectors where prices rose the least over a year are joinery installation (+0.9% after +0.3%) and “other specialised construction activities” (+0.2% after +1.0%).
Revisions
The quarterly evolution in the IPEA for the first quarter of 2024 has been revised upwards by 0.1 points at +0.5%, due to he integration of late responses from companies.
tableauBuildings' maintenance and improvement work price index
IPEA | IPEA residential | IPEA non residential | |
---|---|---|---|
2024-Q2 | 116.8 | 117.1 | 116.1 |
2024-Q1 | 116.7 | 117.1 | 116.1 |
2023-Q4 | 116.1 | 116.5 | 115.4 |
2023-Q3 | 115.6 | 116.2 | 114.6 |
2023-Q2 | 115.2 | 115.8 | 114.2 |
2023-Q1 | 115.0 | 115.8 | 113.7 |
2022-Q4 | 112.4 | 113.2 | 111.1 |
2022-Q3 | 110.6 | 111.2 | 109.7 |
2022-Q2 | 108.5 | 108.8 | 108.0 |
2022-Q1 | 105.8 | 105.9 | 105.6 |
2021-Q4 | 102.5 | 102.4 | 102.8 |
2021-Q3 | 100.7 | 100.7 | 100.6 |
2021-Q2 | 99.3 | 99.4 | 99.2 |
2021-Q1 | 97.5 | 97.5 | 97.3 |
2020-Q4 | 96.0 | 96.1 | 95.7 |
2020-Q3 | 95.8 | 96.0 | 95.6 |
2020-Q2 | 95.8 | 95.9 | 95.6 |
2020-Q1 | 95.6 | 95.7 | 95.5 |
2019-Q4 | 95.2 | 95.3 | 95.0 |
2019-Q3 | 95.0 | 95.1 | 94.9 |
2019-Q2 | 94.8 | 94.9 | 94.6 |
2019-Q1 | 94.5 | 94.7 | 94.2 |
2018-Q4 | 93.8 | 93.9 | 93.6 |
2018-Q3 | 93.7 | 93.7 | 93.6 |
2018-Q2 | 93.6 | 93.7 | 93.4 |
2018-Q1 | 93.2 | 93.5 | 92.8 |
2017-Q4 | 92.7 | 92.9 | 92.4 |
2017-Q3 | 92.5 | 92.8 | 92.0 |
2017-Q2 | 92.3 | 92.5 | 92.1 |
2017-Q1 | 92.2 | 92.3 | 92.1 |
2016-Q4 | 91.9 | 91.8 | 91.8 |
2016-Q3 | 91.7 | 91.7 | 91.6 |
2016-Q2 | 91.6 | 91.6 | 91.6 |
2016-Q1 | 91.4 | 91.4 | 91.3 |
2015-Q4 | 90.9 | 91.0 | 90.8 |
2015-Q3 | 91.0 | 91.1 | 90.9 |
2015-Q2 | 90.9 | 90.9 | 90.8 |
2015-Q1 | 90.9 | 90.9 | 90.8 |
graphiqueBuildings' maintenance and improvement work price index
![Chargement en cours](/static/img/preloader.gif)
- Source: INSEE.
tableauBuildings’ maintenance and improvement work price index
Weights (in %) | Q2 2024 | Q/Q-1 (1) | Q/Q-4 (2) | |
---|---|---|---|---|
Buildings maintenance and improvement work price index (IPEA) | 100,0 | 116.8 | 0.1 | 1.4 |
Residential buildings | 72.2 | 117.1 | 0.0 | 1.1 |
Non-residential buildings | 27.8 | 116.1 | 0.0 | 1.7 |
All buildings by type of work | ||||
4321 - Electrical installation | 17.8 | 111.5 | -0.2 | 1.5 |
4322 - Plumbing. heat and air-conditioning installation | 20.1 | 120.5 | 0.1 | 1.9 |
4329 - Other construction installation | 5.4 | 110.0 | 0.9 | 1.4 |
4331 - Plastering | 3.3 | 115.6 | -0.2 | 1.3 |
4332 - Joinery installation | 17.6 | 122.8 | 0.2 | 0.9 |
4333 - Floor and wall covering | 3.7 | 115.6 | 0.2 | 2.1 |
4334 - Painting and glazing | 6.1 | 114.2 | 0.5 | 2.6 |
4391 - Roofing | 6.9 | 119.9 | 0.3 | 2.0 |
4399 - Other specialised construction activities | 19.1 | 113.9 | -0.6 | 0.2 |
- (1) index of the last quarter compared to that of the previous quarter (in %)
- (2) index of the last quarter compared to that of the same period of the previous year (in %)
- Source: INSEE
For more information
The buildings’ maintenance and improvement work price index (IPEA) is a quarterly index which measures the evolution of prices (net of taxes) charged by construction enterprises (including artisanal forms) for their maintenance and improvement works in residential and non-residential buildings during the quarter under review.
The IPEA indices are not seasonally nor working-day adjusted.
Next issue: 29 November 2024 at 12.00 p.m.