Press release No. 398 of 10 October 2019
WIESBADEN – In August 2019, the construction price index for conventionally constructed new residential buildings (construction work performed at the building; including turnover tax) in Germany was up 4.1% compared with August 2018. In May 2019, as reported by the Federal Statistical Office (Destatis), the price index increased by 4.7% on a year earlier. Compared with May 2019, the price index for residential buildings rose by 0.7% in August 2019.
As far as non-residential buildings were concerned, the price index for office buildings and the index for industrial buildings were up 4.1% in August 2019 compared with August 2018. The price index relating to road construction rose by 5.5% 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.
