Construction Costs: Continuous Upward Trend

BusinessEconomy ♦ Published: November 10, 2010; 13:53 ♦ (Vindobona)

Just as previously, construction prices continue rising in Austria. There is no end in sight for the upwards trend.

Construction Costs: Continuous Upward Trend / Picture: ©

In the third quarter, the corresponding index of Statistik Austria was 4.0% higher compared with the previous year's. Compared with the second quarter, construction prices rose by 0.8%. The prices for civil engineering (+6.1% compared with the previous year and +1.1% compared with the previous quarter) had a stronger increase for the first time than that of structural engineering…