Press release No. 332 of 9 July 2021
WIESBADEN – In May 2021, the construction price index for conventionally constructed new residential buildings (construction work performed at the building; including turnover tax) in Germany was up 6.4% compared with May 2020. In February 2021, as reported by the Federal Statistical Office (Destatis), the price index increased by 3.1% on a year earlier. Compared with February 2021, the price index for residential buildings rose by 3.6% in May 2021.
As far as non-residential buildings were concerned, the price index for office buildings was up 6.2% in May 2021 compared with May 2020. The index for industrial buildings rose by 6.6%. The price index relating to road construction rose by 2.4% 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.
