Construction prices up again
Published: Thursday, Jun 20th 2024, 09:10
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Construction prices in Switzerland rose again in the past six months. More had to be paid in both building construction and civil engineering.
The construction price index calculated twice a year by the Federal Statistical Office (FSO) rose by 0.4% to 115.0 points (October 2020 = 100) between October 2023 and April 2024, as the federal authority announced on Thursday. The price upswing has thus weakened slightly compared to the previous six months, when prices had risen by 0.6%.
This resulted in a price increase of 1.0% for the annual period (April 2023 to April 2024).
Prices in building construction rose slightly less strongly than in civil engineering in the past six months. The increase of 0.3% in building construction is mainly explained by the FSO with higher prices for "electrical installations", "fees" and "heating, ventilation, air conditioning and refrigeration systems". In geographical terms, construction costs rose in all regions, with the exception of Central Switzerland, Northwestern Switzerland and the Lake Geneva region.
The price increase in civil engineering amounted to 0.6%. The FSO attributes this mainly to more expensive "route construction" (superstructure, earthworks and substructure) and higher "fees". With the exception of Central Switzerland, Northwestern Switzerland and Ticino, prices rose in all major regions.
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