Press release No. 288 of 8 July 2022
WIESBADEN – In May 2022, the construction price index for conventionally constructed new residential buildings (construction work performed at the building; including turnover tax) in Germany was up 17.6% compared with May 2021. In February 2022, as reported by the Federal Statistical Office (Destatis), the price index increased by 14.3% on a year earlier. Compared with February 2022, the price index for residential buildings rose by 6.6% in May 2022.
As far as non-residential buildings were concerned, the price index for office buildings was up 19.0% in May 2022 compared with May 2021. The index for industrial buildings rose by 19.4%. The price index relating to road construction rose by 17.4% 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.
