Construction Cost Index, Q3 2020
The Kosovo Agency of Statistics (KAS) has published the Construction Cost Index (CCI) in the third quarter of 2020 (Q3 2020).
The total Construction Cost Index in Kosovo marked an increase of 0.5% in Q3 2020, compared to Q2 2020. The largest increase was: energy 2.6%, transport 2.5%, materials 0.7%, and other machinery 0.3%.
The increase in prices was neutralized mainly with the decrease in prices of wages (-0.8%) and other costs (-0.7%).
Meanwhile, compared the Q3 2020 with the same period of the previous year (Q3 2019), the Construction Cost Index decreased by (-0.4%). The decline of the index was mainly observed in the categories: wages (-3.8%); energy (-0.5%); and other costs (-0.3%).
While there was an increase in: machinery (1.5%), transport (0.9%), and materials (0.2%).