Construction costs indices for residential buildings, 4th quarter 2024
Construction costs for new residential buildings up
In the last quarter of 2024, construction costs for new residential buildings in Slovenia were higher than in the previous quarter and also higher than in the fourth quarter a year ago.
Construction costs for new residential buildings increased quarterly, year-on-year and annually …
In the fourth quarter of 2024, they were 7.0% higher than in the previous quarter and 3.9% higher than in the last quarter of 2023. In 2024 as a whole, they increased by 3.6% over the year before.
… as did labour costs
Labour costs for constructing new residential buildings were 16.2% higher than in the previous quarter. Compared to the fourth quarter of 2023 they increased by 8.9%, while compared to 2023 last year they were 10.0% higher.
Construction material costs lower
Construction material costs decreased for the fourth consecutive quarter. They were 0.4% lower than in the previous quarter. Compared to the last quarter of 2023 they decreased by 1.3% and compared to 2023 by 2.3%.
The table with the latest data is available in the SiStat Database.
In the fourth quarter of 2024, they were 7.0% higher than in the previous quarter and 3.9% higher than in the last quarter of 2023. In 2024 as a whole, they increased by 3.6% over the year before.
… as did labour costs
Labour costs for constructing new residential buildings were 16.2% higher than in the previous quarter. Compared to the fourth quarter of 2023 they increased by 8.9%, while compared to 2023 last year they were 10.0% higher.
Construction material costs lower
Construction material costs decreased for the fourth consecutive quarter. They were 0.4% lower than in the previous quarter. Compared to the last quarter of 2023 they decreased by 1.3% and compared to 2023 by 2.3%.
The table with the latest data is available in the SiStat Database.
Construction costs indices for new residential buildings, Slovenia
Construction costs indices for new residential buildings, Slovenia
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METHODOLOGICAL NOTE
Additional explanations are available in the methodological explanations.
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.
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