The Construction Materials Price Index for the month of December 2021 stood at 119.66 points (based on 2015=100), an increase of 0.63% compared to the previous month.
Compared to the corresponding month of the previous year, the index recorded an increase of 17.10%. By main product category, increases were recorded in metal products (30.17%), wood, insulation, chemical and plastic products (19.04%), electromechanical products (13.02%), mineral products (5.41%) and minerals (4.75%).
For the January-December 2021 period, the index recorded an increase of 10.98% compared to the corresponding period in 2020.
This increase of the index in 2021 compared to the previous year is mainly due to increases in the prices of the following materials: Construction steel (46.56%), construction iron (44.34%), copper pipes (32.78%), steel pipes (32.69%), iron bars (30.28%), structural mesh (27.06%), road asphalt (26.54%), cables (24.64%) and raw (sawn) timber (22.71%).
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Table |
[TR] [TD]
Code
[/TD] [TD] [TD]Product categories
[/TD] [TD]Index December 2021
(2015=100)
[/TD] [TD]Percentage change
(%)
[/TD] [/TR] [TR] [TD]Dec 21 /
Nov
[/TD] [TD]Dec 21 /
Dec 20
[/TD] [TD]Jan-Dec 21 /
Jan-Dec 20
[/TD] [/TR] [TR] [TD]1
[/TD] [TD]Minerals
[/TD] [TD]104,54
[/TD] [TD]-0.16
[/TD] [TD]4.75
[/TD] [TD]2,63
[/TD] [/TR] [TR] [TD]11
[/TD] [TD]Inert minerals
[/TD] [TD]102.97
[/TD] [TD]0.56
[/TD] [TD]5.52
[/TD] [TD]1,91
[/TD] [/TR] [TR] [TD]12
[/TD] [TD]Short
[/TD] [TD]108.61
[/TD] [TD]-0.70
[/TD] [TD]7,76
[/TD] [TD]4.66
[/TD] [/TR] [TR] [TD]13
[/TD] [TD]Stones
[/TD] [TD]100.83
[/TD] [TD]0,00
[/TD] [TD]0,50
[/TD] [TD]0,72
[/TD] [/TD] [/TR] [TR] [TD]
2
[/TD] [TD]Mineral products
[/TD] [TD]104,32
[/TD] [TD]
0,85
[/TD] [TD]5,41
[/TD] [TD]1,93
[/TD] [/TR] [TR] [TD]21
[/TD] [TD]Mortar Products
[/TD] [TD]103.60
[/TD] [TD]0.11
[/TD] [TD]4.61
[/TD] [TD]1,68
[/TD] [/TR] [TR] [TD]22
[/TD] [TD]Ceramics
[/TD] [TD]106,60
[/TD] [TD]3,22
[/TD] [TD]7,98
[/TD] [TD]2,72
[/TD] [/TD] [/TR] [TR] [TD]
3
[/TD] [TD]Wood products, insulation, chemicals and plastics
[/TD] [/TD] [TD]119.27
[/TD] [TD]0.54
[/TD] [TD]19.04
[/TD] [TD]9,88
[/TD] [/TD] [/TR] [TR] [TD]31
[/TD] [TD]Wood products
[/TD] [TD]121,87
[/TD] [TD]0,00
[/TD] [/TD] [TD]22,49
[/TD] [TD]11,61
[/TD] [/TD] [/TR] [TR] [TD]32
[/TD] [TD]Insulating materials
[/TD] [TD]99,87
[/TD] [TD]0,16
[/TD] [TD]8,69
[/TD] [TD]5,45
[/TD] [/TD] [/TR] [TR] [TD]33
[/TD] [TD]Chemical products
[/TD] [TD]116,37
[/TD] [TD]0,00
[/TD] [TD]10.71
[/TD] [TD]4.39
[/TD] [/TD] [/TR] [TR] [TD]34
[/TD] [TD]Plastic articles
[/TD] [TD]124,05
[/TD] [TD]3,06
[/TD] [TD]20,45
[/TD] [TD]11,45
[/TD] [/TR] [TR] [TD]
4
[/TD] [TD]
Metal products
[/TD] [TD]141,33
[/TD] [TD]
0.70
[/TD] [TD]30.17
[/TD] [TD]22,90
[/TD] [/TR] [TR] [TD]41
[/TD] [TD]Iron and steel products
[/TD] [TD]155,14
[/TD] [TD]1,17
[/TD] [TD]40,45
[/TD] [TD]34,59
[/TD] [/TD] [/TR] [TR] [TD]42
[/TD] [TD]Aluminium and other metal products
[/TD] [TD]123,48
[/TD] [TD]-0,04
[/TD] [TD]16,34
[/TD] [TD]7,94
[/TD] [/TR] [TR] [TD]
5
[/TD] [TD]electromechanical e
[/TD] [TD]111,84
[/TD] [TD]1,32
[/TD] [TD]13,02
[/TD] [TD]8,18
[/TD] [/TD] [/TR] [TR] [TD]51
[/TD] [TD]Electrical hardware
[/TD] [TD]129,68
[/TD] [TD]0.81
[/TD] [TD]23.09
[/TD] [TD]17,76
[/TD] [/TR] [TR] [TD]52
[/TD] [TD]Heating and cooling equipment
[/TD] [TD]89,62
[/TD] [TD]0,27
[/TD] [TD]-1,24
[/TD] [TD]-2,29
[/TD] [/TD] [/TR] [TR] [TD]53
[/TD] [TD]Other electromechanical equipment
[/TD] [TD]113,25
[/TD] [TD]2,52
[/TD] [TD]13.66
[/TD] [TD]6.75
[/TD] [/TD] [/TR] [TR] [TD] [/TD] [TD]General Index
[/TD] [TD]119,66
[/TD] [TD]
0.63
[/TD] [TD]17.10
[/TD] [TD]10,98
[/TD] [/TD] [/TR]
Methodological Information
Definitions
The monthly Construction Materials Price Index shows the evolution of the cost of materials incurred by the contractor.
Data collection
To compile the index of prices of materials used in construction, the Statistical Office obtains prices (excluding VAT) from a sample of suppliers and a sample of materials with a reference date of the 15th of each month. Data are collected by telephone, e-mail and fax.
Method of calculation
The price indices are based on 2015, i.e. they show the change in the price of a material in relation to the average price it had in 2015. In the base year, the twelve-month average of the price indices is 100,00. For example, if the price index of a material for a given month is 101.57, this means that the price has increased by 1.57% compared to the average price in 2015.
To compile the overall material price index, the weighted average of the individual indices for the various materials is calculated. The weights used in the weighting reflect the share of each material in the total expenditure on construction materials and are derived from the value of imports and domestic production in the base year (2015).
The index published on the Statistical Office's website is for all construction projects. In contrast, the indicator sent and published by the Statistical Office of the European Union (Eurostat), in accordance with the provisions of Regulation (EC) No 1165/98 concerning short-term statistics, relates only to new housing.
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