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Austria: Construction Costs to Decrease Slightly

Published: August 16, 2013; 16:02 · (Vindobona)

Construction cost index for residential buildings increased by 1.8 percent in July 2013.

Austria: Construction Costs to Decrease Slightly / Picture: © Flickr

Construction costs in July were lower than in June. The construction cost index for construction of residential buildings reached 106.6 index points for July 2013, according to calculations by Statistics Austria. This represents an increase of 1.8 percent over July 2012. In comparison to June 2013 the index decreased by 0.1 percent.

The cost index for constructions of roads decreased 0.1 percent. In comparison to the previous month, Statistic Austria saw a decrease by 0.3 percent to 110.2 points. The construction cost index for the construction of bridges reached 107.7 index points and decreased by 0.5 percent compared to the previous month, yet increased compared to 2012 by 0.9 percent. There were decreasing costs in material in civil engineering while in building construction they increased slightly.