RAMALLAH-(BNEWS) – A slight Increase in the Construction Cost Index (CCI) for Residential Buildings has been noted during the month of January, 2022, according to a statement by the Palestinian Central Bureau of Statistics (PCBS).
The statement said that the Construction Cost Index (CCI) for residential buildings in the West Bank reached 115.71 with a slight increase of 0.01% during January 2022 compared with December 2021.
At the level of major groups, the prices of rental of equipment increased by 1.09%, while the price of raw material slightly decreased by 0.05%. At the same time, labour costs and wages remained stable during January 2022 compared with the previous month.
The Construction Cost Index (CCI) for non-residential buildings in the West Bank reached 115.03 with a slight decrease of 0.06% during January 2022 compared with December 2021.
At the level of major groups, the prices of raw material decreased by 0.16%, while the price of rental of equipment increased by 1.17%. At the same time, labour costs and wages remained stable during January 2022 compared with the previous month.
The Construction Cost Index (CCI) for skeleton buildings in the West Bank reached 116.76 with a decrease of 0.17% during January 2022 compared with December 2021.
At the level of major groups, the prices of raw material decreased by 0.32%, while the price of rental of equipment increased by 1.10%. At the same time, labour costs and wages remained stable during January 2022 compared with the previous month.
The overall Road Cost Index (RCI) in the West Bank reached 110.74 with a decrease of 0.20% during January 2022 compared with December 2021.
At the level of major groups, the price of rental of equipment decreased by 0.36%, and the price of raw material decreased by 0.22%. At the same time, operating costs of equipment and maintenance and labour costs and wages remained stable during January 2022 compared with the previous month.
The overall Water Networks Cost Index (WNCI) reached 126.19 with an increase of 0.42% in the West Bank during January 2022 compared with December 2021.
Water networks Cost Index reached 129.30 with an increase of 0.93%, while water reservoirs Cost reached 119.34 with a decrease of 0.77% during January 2022 compared with December 2021.
The overall Sewage Networks Cost Index (SNCI) in the West Bank reached 111.65 with an increase of 0.13% during January 2022 compared with December 2021.
