Increased costs for asphalt work
The maintenance of roads costs increased by 2.5 percent from the fourth quarter of 2016 to the first quarter of 2017. The asphalt work costs rose by 5.5 percent in the same period according to Construction cost index for road construction.
- Full set of figures
- Construction cost index for road construction
- Series archive
- Construction cost index for road construction (archive)
Figure 1 shows that the asphalt work costs have increased by 17.0 percent during the last four quarters from a bottom level in the first quarter of 2016. The observed fluctuations have significant impact from variations in the oil prices and is reflected particularly in the costs related to materials in asphalt work.
Figure 1. Construction cost index for asphalt work and materials for asphalt work. Index
|Asphalt work||Asphalt work, materials|
Since asphalt work is having a major impact on some of the other sub-indices, we see an increase in these too. Construction costs for open air roads increased, for example, by 5.5 percent compared to the first quarter of 2016. The road construction costs in total increased by 4.6 per cent from the first quarter of 2016 to the first quarter of 2017.
Figure 2. Construction cost index for road constructions and Cost index for maintenance of roads. Percentage change from the same quarter the previous year
|Roadconstruction||Maintenance of road|