Construction costs indices for residential buildings, Slovenia, 4th quarter 2016

Construction costs for new residential buildings in the fourth quarter of 2016 higher than in the previous one

In the fourth quarter of 2016 construction costs for new residential buildings in Slovenia were higher than in the previous quarter and higher than in the fourth quarter of 2015.

  • 3/15/2017
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  • final data

Construction costs for new residential buildings in the fourth quarter of 2016 higher than in the previous quarter 

In the fourth quarter of 2016 construction costs for new residential buildings were higher than in the third quarter of 2016. This time they increased by 3.2%. Construction costs were 2.6% higher than in the fourth quarter of 2015 and 4.1% higher than the 2010 average. In 2016 they were 1.2% lower than in the previous year.

Construction material costs
higher than in the previous quarter 

Construction material costs increased over the previous quarter for the third time in a row, this time by 0.7%. Compared to the fourth quarter of 2015 they increased by 0.9% and compared to the 2010 average by 6.1%. In 2016 they were 1.3% lower than in the previous year.

Labour costs in the fourth quarter of 2016 higher than in the previous quarter 

Labour costs increased over the previous quarter for the second time in a row, this time by 6.5%. Compared to the fourth quarter of 2015 they increased by 5.0% and compared to the 2010 average by 1.7%. In 2016 they were 0.7% lower than in the previous year.

Chart 1: Construction costs indices for new residential buildings, Slovenia (Ø 2010=100)
Chart 1: Construction costs indices for new residential buildings, Slovenia (Ø 2010=100)
Source: SURS
Table 1: Construction costs indices for new residential buildings, Slovenia
X–XII 2016
VII–IX 2016
X–XII 2016
X–XII 2015
I–XII 2016
I–XII 2015
X–XII 2016
Ø 2010
Construction costs103.2102.698.8104.1
  Material costs100.7100.998.7106.1
  Labour costs106.5105.099.3101.7
Source: SURS
Detailed data and time series are available on the SI-STAT data portal.
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