In January 2025 the Construction Cost Index (CCI) decreased by 3.2 percent compared to the previous month, while it increased by 5.9 percent compared to January 2024.
In detail:
⦁ The residential segment index decreased by 2.2 percent compared to the previous month and increased by 9.3 percent compared to the same month of the previous year;
⦁ The non-residential segment index decreased by 9.3 percent compared to the previous month and by 2.0 percent compared to the same month of the previous year;
⦁ The civil segment index decreased by 2.2 percent compared to the previous month and increased by 5.4 percent compared to the same month of the previous year
In January 2025 the Construction Cost Index (CCI) decreased by 3.2 percent compared to the previous month. The change was mainly due to a 21.3 percent decrease in average monthly nominal wages of employees in the construction sector, which contributed -4.19 percentage points to the total index change.
Compared to January 2024 the CCI increased by 5.9 percent. The latter was largely caused by the 22.2 percent increase in average monthly nominal wages of employees in the construction sector and by the 3.6 percent increase in the prices of construction materials, which contributed 3.47 and 2.28 percentage points to the total index change, respectively. Along with this, the Construction Cost Index posted an 18.8 percent increase compared to February 2022.