SYNTHESIS [email protected], 14 Oct -2020

October . 14 . 2020 SYNTH SIS IN @ COVID-19 www.ine.pt page 4/11 Communication Unit | tel: +351 21 842 61 10 | [email protected] More information available at: New housing construction cost index – August 2020 (08 October 2020) Housing construction costs rose by 2.3% on a year-on-year basis In August, the year-on-year rate of change in the Construction cost index for new housing (CCINH) was estimated at 2.5% (+0.4 percentage points (p.p.) than in the previous month). The price of materials and labour costs increased in August by 1.3% and 4.3%, respectively (+0.9% and +3.8% in July, in the same order). Note: The value for August 2020 is provisional. Note: The value for August 2020 is provisional. Compared to the previous month, the CCINH decreased by 0.1% in August (+1.6% in July). The price of materials and the labour costs varied by +0.3% and -0,6%, respectively (+0.3% and +3.5% in July, in the same order). Construction Costs Index for New Housing (100=2015) Construction Costs Index for New Housing (year-on-year rate of change) 110.80 94.0 96.0 98.0 100.0 102.0 104.0 106.0 108.0 110.0 112.0 August 2015 August 2016 August 2017 August 2018 August 2019 August 2020 Number-Index 2.5% 1.3% 4.3% -1.0 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 August 2018 February 2019 August 2019 February 2020 August 2020 Total Materials Labour %

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