New housing construction costs decelerate in January – Digital Journal

For this reduction of 0.1 percentage points (pp) of the Housing Construction Cost Index New from the previous month, the index of the component materials was crucial, with an annual drop 1.1%, 0.1 pp lower than in December.

the index of hand labor component rose 1.1% in January, with a rate identical to the previous month, adds INE.

for the apartments, the annual change in the index in January was 0.1%, less than the 0.2% recorded in December 2015, while on the housing index had an evolution identical to the previous month (0.2%).

the index of price maintenance and regular repair of housing increased by 0.1% in January year on year, and there has been a zero variation in previous two months.

the contents of component products and services both fell 0.2%, and in December last year also had both registered zero variations.

By region, the center was the only one that showed a negative annual rate of change (minus 0.4%), and there have been increases in the indices of other regions, compared to the same period last year, most notably the Algarve region of index increased 1.7% new housing construction slows in .ustos
the new housing construction costs on the mainland slowed in January to increase 0.1% over the same month of 2015, when it had risen in the previous month 0.2% YoY, today reported the National Statistics Institute (INE).

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INE ECONOMICS IS 26 MINS
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for this reduction of 0.1 percentage points (pp) of the Housing Construction Cost index New from the previous month, the index of the component materials was crucial, with an annual decrease of 1.1%, 0 , 1 percentage point lower than in December.

the PUB index of hand labor component rose 1.1% in January, with a to the previous month rate equal adds INE .

for the apartments, the annual change in the index in January was 0.1%, less than the 0.2% recorded in December 2015, while housing the relative index had a similar trend in the previous month (0.2%).

the regular maintenance and repair price index of housing, increased 0.1% in January year on year, having been a zero growth in both previous months.

the contents of component products and services both fell 0.2%, and in December last year also had both registered zero variations.

By region, the center was the one that showed a negative annual rate of change (minus 0.4%), and there have been increases in the indices of other regions, compared to the same period last year, most notably the Algarve region of index increased 1.7%

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