Press release No. 471 of 7 October 2021
WIESBADEN – In August 2021, the construction price index for conventionally constructed new residential buildings (construction work performed at the building; including turnover tax) in Germany was up 12.6% compared with August 2020. In May 2021, as reported by the Federal Statistical Office (Destatis), the price index increased by 6.4% on a year earlier. Compared with May 2021, the price index for residential buildings rose by 3.5% in August 2021.
As far as non-residential buildings were concerned, the price index for office buildings was up 12.6% in August 2021 compared with August 2020. The index for industrial buildings rose by 13.3%. The price index relating to road construction rose by 7.0% 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.
