Small Increase in Construction Costs

IndustrialsConstruction ♦ Published: November 15, 2011; 19:14 ♦ (Vindobona)

Austrian Construction costs increased by 1.8% in October 2011 compared to the previous year.

Small Increase in Construction Costs / Picture: © Vindobona.org

The construction cost index for construction of residential buildings reached 102.5 index points for October 2011, according to calculations by Statistics Austria. This represents an increase of 1.8% over October 2010. In comparison to September 2011 the index decreased by 0.1%.

In the civil engineering segment, construction costs grew stronger than in the building…