Further Increase in Construction Cost

Business › Economy ♦ Published: August 16, 2011; 12:32 ♦ (Vindobona)

Construction cost continued to increase in July 2011: +2.1% against 2010, +0.1% compared to June 2011.

Further Increase in Construction Cost / Picture: © Vindobona.org

The construction cost index for construction of residential buildings reached 102.4 index points for July 2011, according to calculations by Statistics Austria. This represents an increase of 2.1% over July 2010. In comparison to June 2011 the index increased only slightly by 0.1%.

The construction cost index for road building stood at 106.2 points at the end of July. This…

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