Moderate Rise in Construction Costs in the Third Quarter

Companies ♦ Published: November 10, 2011; 10:37 ♦ (Vindobona)

The price index reached 103.5 points in the third quarter: +3.0% year-on-year, +0.3% against the second quarter.

The construction output price index for the entire building construction and civil engineering sector on the base year 2010 reached 103.5 index points in the third quarter of 2011 according to calculations by Statistics Austria. This represents an increase of 3.0% over the third quarter of the previous year. Compared to the second quarter 2011 the construction output price index…