Construction Prices at the beginning of 2020

In Costa Rica, the building and social housing price indexes recorded year-on-year changes of -0.87% and -0.48%, respectively, in January of this year.

Monday, February 17, 2020

From the report of the National Institute of Statistics and Census:

The construction price indexes based on February 2012 are a set of twenty statistical indicators, which measure the variation in the prices of materials used in the construction of different types of works. They are made up of the building price index, the social interest housing price index, and a group of eighteen input and special services price indexes.

Building price index (percentage change January 2020)
Monthly: 0.12% (January 2020)
Year-on-year: -0.87% (February 2019 to January 2020)

The level of the building price index is 109,437, while in the previous month it was 109,310. The elements that show a greater positive contribution in the monthly variation of January 2020 are waterproofing and glue mortar.

Social housing price index (percentage variations January 2020)
Monthly: 0.02% (January 2020)
Year-on-year: -0.48% (February 2019 to January 2020)

The level of the social housing price index is 108,729, while in the previous month it was 108,703. The elements showing a greater positive contribution in the monthly variation of January 2020 are frames and doors, and door locks.

See full report (in Spanish).

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More on this topic

Construction Prices up to February 2020

March 2020

In Costa Rica, the price indexes of buildings and social housing registered in the second month of the year, year-on-year variations of -0.90% and -0.89%, respectively.

From the report of the National Institute of Statistics and Census:

The construction price indexes based on February 2012 are a set of twenty statistical indicators, which measure the variation in the prices of materials used in the construction of different types of works. They are composed of the building price index, the social interest housing price index, and a group of eighteen input and special services price indexes.

Construction Prices Keep Rising

November 2018

In the tenth month of the year, the price indexes for buildings and social housing registered 3.2% and 2.4% year-on-year variations, respectively.

From the statement of the National Institute of Statistics and Census:

The price indexes for construction base February 2012 are a set of twenty statistical indicators, which measure the variation in the material prices used in the construction of different types of projects.

Costa Rica: Construction Prices - August 2018

September 2018

Indices for prices of buildings and low-income housing registered interannual variations of 5.1% and 5.4%, respectively, in the eighth month of the year.

From a statement issued by the National Institute of Statistics and Census:

The price indexes of base construction in February 2012 are a set of twenty statistical indicators, which measure the variation in the prices of materials used in the construction of different types of works. They are composed of the price index of buildings, the price index of affordable housing, and a group of eighteen price indices of raw materials and special services.

Costa Rica: Construction prices - February 2018

March 2018

The prices of buildings and low-income housing prices recorded year-on-year variations of 9.1% and 5.9%, respectively, in the second month of the year.

From a statement issued by the National Institute of Statistics and Census:

Price indices for construction based on February 2012 are a set of twenty statistical indicators, which measure the change in prices of materials used in the construction of different kinds of works. They are composed of the buildings price index, the social housing price index, and a group of eighteen price indices for raw materials and special services. 

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