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Housing construction costs rose by 12.6% on a year-on-year basis
New housing construction cost index
Housing construction costs rose by 12.6% on a year-on-year basis - August 2022
07 October 2022

Summary

In August 2022, construction costs for new residential buildings are estimated to have increased by 12.6% on a year-on-year basis, 0.7 percentage points (p.p.) less than in the previous month. The price of materials and labor costs rose 16.6% and 6.9%, respectively.


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