Press Construction price index for residential buildings in February 2019: +4.8% on a year earlier

Last time higher year-on-year increase in November 2007

Press release No. 136 of 5 April 2019

WIESBADEN – In February 2019, the construction price index for conventionally constructed new residential buildings (construction work performed at the building; including turnover tax) in Germany was up 4.8% compared with February 2018. In November 2018, as reported by the Federal Statistical Office (Destatis), the price index increased also by 4.8% on a year earlier. Compared with November 2018, the price index for residential buildings rose by 1.7% in February 2019.

As far as non-residential buildings were concerned, the price index for office buildings was up 4.8% in February 2019 compared with February 2018. The index for industrial buildings rose by 5.0%. The price index relating to road construction rose by 7.5% compared with the corresponding month of the preceding year.

Basic data and long time series are available in tables Price indices for the construction industry (61261-0001 to 61261-0006) in the GENESIS-Online database.

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