The greatest influence on the overall price change was made by an increase in average gross hourly earnings (0.5%) and by an increase in prices of construction materials and products (0.4%).
As regards construction materials and products, the largest increase in prices was observed for pipes and general building materials (1% each), while decrease – insulation materials (0.6%).
As for buildings and structures, the largest increase in prices over the month was observed for construction of civil engineering units – 0.7%.
Over the year (March 2019, against March 2018), construction input prices increased by 4.5%. This was determined by an 11.3% increase in wages and salaries, a 2.3% increase in prices of construction materials and products, and a 1.2% increase in hourly labour costs on operation of construction machines and mechanisms.
As for buildings and structures, the largest increase in prices over a year was observed for the construction of residential buildings – 4.9%. Renovation of buildings went up in price by 5.6%.
