Construction costs indices for new residential buildings, Slovenia, 1st quarter 2019

Construction costs for new residential buildings in the first quarter of 2019 higher than in the previous one

In the first quarter of 2019 construction costs for new residential buildings in Slovenia were higher than in the previous quarter and higher than in the first quarter of 2018.

  • 6/14/2019
  • |
  • final data

Construction costs for new residential buildings in the first quarter of 2019 higher than in the previous quarter 

After the 1.4% decrease in the previous quarter, this time construction costs went up. In the first quarter of 2019 they were 2.3% higher than in the fourth quarter of 2018. In 2018 construction costs declined in the first quarter, while in the second and third quarters they went up. In the first quarter of 2019 they were 4.6% higher than in the first quarter of 2018. 

Construction material costs higher than in the previous quarter 

Construction material costs increased over the previous quarter (when we recorded a decrease by 1.0%) by 0.9%. Compared to the first quarter of 2018 they increased by 1.0%. 

Labour costs higher than in the previous quarter 

After the 1.8% decrease in the previous quarter, this time labour costs went up. In the first quarter of 2019 they were 4.1% higher than in the fourth quarter of 2018. Compared to the first quarter of 2018 they increased by 9.1%.

Construction costs indices for new residential buildings, Slovenia (Ø 2015=100)
Construction costs indices for new residential buildings, Slovenia (Ø 2015=100)
Source: SURS
Construction costs indices for new residential buildings, Slovenia
I–III 2019
X–XII 2018
I–III 2019
I–III 2018
I–III 2019
Ø 2015
Construction costs102.3104.6109.0
  Material costs100.9101.0105.1
  Labour costs104.1109.1113.8
Source: SURS
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