Among construction materials and products, an increase in prices was observed for metal products – 0.3%, general building materials, insulation materials, concrete and mortar – 0.2% each.
In November, against October, an increase in average gross hourly earnings was determined by increased lump sum premiums, bonuses and benefits.
As for buildings and structures, the largest increase in prices – 0.5% – was observed for the construction of residential buildings.
Over the year (November 2017, against November 2016), construction input prices increased by 3.6%. This was determined by a 10.2% increase in wages and salaries, 1.4% – prices of construction materials and products, 1% – 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 – 4.7%. Renovation of buildings went up in price by 4.8%.
