Lower Increase of Construction Cost in November

Business › Economy ♦ Published: December 15, 2011; 12:50 ♦ (Vindobona)

Construction cost in November 2011: +1.6% against 2010, -0.2% compared to October 2011.

Lower Increase of Construction Cost in November / Picture: © Vindobona.org

The construction cost index for construction of residential buildings reached 102.3 index points for November 2011, according to calculations by Statistics Austria. This represents an increase of 1.6% over November 2010. In comparison to October 2011 the index decreased by 0.2%.

The construction cost index for road building stood at 106.9 points at the end of November. This…

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