Press release No. 010 of 10 January 2022
WIESBADEN – In November 2021, the construction price index for conventionally constructed new residential buildings (construction work performed at the building; including turnover tax) in Germany was up 14.4% compared with November 2020. In August 2021, as reported by the Federal Statistical Office (Destatis), the price index increased by 12.6% on a year earlier. Compared with August 2021, the price index for residential buildings rose by 2.1% in November 2021.
As far as non-residential buildings were concerned, the price index for office buildings was up 15.0% in November 2021 compared with November 2020. The index for industrial buildings rose by 15.6%. The price index relating to road construction rose by 9.0% compared with the corresponding month of the preceding year.
Basic data and long time series are available in tables Price indices for the construction industry (61261-0001 to 61261-0006) in the GENESIS-Online database.
