In March construction costs for new residential buildings are estimated to have increased by 5.1%, 2.8 percentage points more than in the previous month. The price of materials and labor costs rose 3.3% and 7.6%, respectively.

Despite the circumstances determined by the pandemic COVID-19, Statistics Portugal calls for the best collaboration by companies, families and public entities in responding to Statistics Portugal’s data requests. The quality of official statistics, particularly its ability to identify the impacts of the pandemic COVID-19, crucially depends on this collaboration, which Statistics Portugal thanks in advance.