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Official statistics of Latvia
Official Statistics Portal of Latvia

GRC02

Key Indicators

Construction cost indices

The Construction Cost Index (CCI) is an input price index that measures changes in the prices of the main types of resources used in construction: building materials, labour remuneration of construction workers, and maintenance and operational costs of machinery and equipment.

The base year of the CCI is 2021, expressed as 100 index points (2021 = 100).

Changes in construction costs

Year-on-year changes in construction costs reflect cost fluctuations over a 12-month period, with each month compared with the corresponding month a year earlier, showing whether construction has become more or less expensive.

Month-on-month changes in construction costs reflect short-term trends and show fluctuations in the average cost level over the month.

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