Construction Costs of New Housing Have Risen 7% in August Economic Journal
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5 Articles
New housing construction costs rose 7.5% in August compared to the same period, with 1.0 percentage points (p.p.) above the change observed in the previous month, according to data released by the National Institute of Statistics (INE) this Friday, October 9. The price of materials recorded a variation of 7.1% and the cost of labour increased 8.0%, added. The cost of labour contributed 3.7 p.p. (3.2 p.p. in the previous month) to the formation o…
The construction costs of new housing will have increased 7.5% in August, in homologous terms, with materials rising 7.1% and labor 8.0%, according to an estimate released this Friday by the INE. The content Construction costs of new houses rise 7.5% in August appears first in Folha Nacional.
In the month under review, material prices rose 7.1%, compared to 6.3% in July, and labour costs advanced 8.0%.
In the month under review, material prices rose 7.1%, compared to 6.3% in July, and labour costs advanced 8.0%, more than 1.2 percentage points than in the previous month.
New housing construction costs increased 7.5% in August, according to the INE. Materials rose 7.1% and labor 8.0%.
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