Lithuanian construction price index up in January

In Lithuania, the construction price index rose by 4.9% in January 2013 from January 2012 and by 0.1% from December 2012. The biggest increase was in the price of concrete and concrete mixes (+0.9%) and wood products (+0.7%) in January. The cost of roadbuilding rose by 0.4% y/y. The 10.9% y/y hike in payroll costs and the 3.4% hike in building materials prices had the biggest impact on construction price index growth in January.
March 5, 2013

In Lithuania, the construction price index rose by 4.9% in January 2013 from January 2012 and by 0.1% from December 2012.

The biggest increase was in the price of concrete and concrete mixes (+0.9%) and wood products (+0.7%) in January.

The cost of roadbuilding rose by 0.4% y/y. The 10.9% y/y hike in payroll costs and the 3.4% hike in building materials prices had the biggest impact on construction price index growth in January.