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Austrian Construction Costs Further on the Rise
According to Statistics Austria, construction cost continued to increase sharply in February 2011.
The construction cost index for construction of residential buildings – on the new base year 2010 – reached 102.0 index points for February 2011, according to calculations by Statistics Austria. This represents an increase of 0.3% compared to the previous month January 2011 and a rise of 3.7% over February 2010.
The construction costs in the civil engineering sector rose…
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