Official Portal - Statistics Portugal

Housing construction costs rose by 11.2%
New housing construction cost index
Housing construction costs rose by 11.2% - January 2023
09 March 2023


In January 2023, construction costs for new residential buildings are estimated to have increased by 11.2% on a year-on-year basis, 0.3 percentage points (p.p.) more than in the previous month. The price of materials and labor costs rose 10.4% and 12.4%, respectively.

With this press release is presented a new data series based on 2021=100, with retrospective data until 2000.

Press release
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