APRIL 2022 13 MONTHLY STATISTICAL BULLETIN More information is available at: New housing construction costs index – February 2022 6 April 2022 The following year-on-year rates of change are estimated for new housing and construction costs in February 2022: • Construction Costs Index for New Housing (CCINH): 8.6% (7.4% in the previous month); • Price of materials: 10.1% (9.4% in the previous month); • Labour costs: 6.4% (4.5% in the previous month). In terms of the month-on-month rates of change, the estimated rates for February 2022 are: • CCINH: 1.5% (1.4% in January); • Price of materials: 0.4% (3.1% in January); • Labour costs: 3.0% (-1.1% in January). Construction Costs Index for New Housing (year-on-year rate of change) Construction costs increase by 8.6% year-on-year 8.6% 10.1% 6.4% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% February 2020 August 2020 February 2021 August 2021 February 2022 Total Materials Labour Note: Figures concerning December 2021, January and, February 2022, are provisional.
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