In November 2020, against October, construction input prices increased by 0.3 per cent.

The greatest influence on the overall price change was made by an increase in prices of average gross hourly wages and salaries (1.8 per cent) and a decrease in construction materials and products (0.5 per cent). As regards construction materials and products, the largest decrease in prices was observed for wastewater pipelines (2.7 per cent), and an increase – for metal products (0.4 per cent).

As for building and structures, the largest increase in prices over the month was observed for construction and repair of residential buildings (0.7 per cent each). Prices for construction of non-residential buildings increased by 0.6 per cent, while prices for construction of civil engineering units dropped by 0.2 per cent.

Over the year (November 2020, against November 2019), construction input prices increased by 0.4 per cent. This was determined by an increase in average gross hourly earnings (4.5 per cent), hourly labour costs on operation of construction machines and mechanisms (1.2 per cent), as well as by a decrease in prices of construction materials and products (1.6 per cent).

As for buildings and structures, the largest increase in prices over a year was observed for repair of buildings – 1.5 per cent. Construction of residential buildings went up in price by 1.4 per cent, non-residential buildings – 0.8 per cent. Construction of civil engineering units went down in price by 0.2 per cent.

Read more: https://osp.stat.gov.lt/informaciniai-pranesimai?articleId=8330121