Highest year-on-year increase since November 2007

WIESBADEN- In November 2018, the construction price index for conventionally constructed new residential buildings (construction work performed at the building; including turnover tax) in Germany was up 4.8% compared with November 2017. In August 2018, as reported by the Federal Statistical Office (Destatis), the price index increased 4.6% on a year earlier. Compared with August 2018, the price index for residential buildings rose by 0.8% in November 2018.

As far as non-residential buildings were concerned, the price index for office buildings was up 4.7% in November 2018 compared with November 2017. The index for industrial buildings rose by 4.8%. The price index relating to road construction rose 7.1% compared with the corresponding month of the preceding year.

Basic data and long time series are available in tables Price indices for the construction industry (61261-0001 to 61261-0006) in the -Online database.

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Destatis - Federal Statistical Office of Germany published this content on 10 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 January 2019 07:43:08 UTC