General News

PCBS Report Notes Slight Decrease in Palestine’s Construction Cost Index During January 2026

Ramallah: A report by the Palestinian Central Bureau of Statistics (PCBS) showed a slight decrease in the Construction Cost Index (CCI) for Residential Buildings, Road Cost Index (RCI), Water Networks Cost Index (WNCI), and Sewage Networks Cost Index (SNCI) in the West Bank during January 2026.

According to Palestine News and Information Agency - WAFA, the Construction Cost Index (CCI) for residential buildings in the West Bank reached 118.75, marking a slight decrease of 0.04% during January 2026 compared with December 2025, with the base year set at 2013=100. Major group prices highlighted a decrease of 1.06% in equipment rental costs, while raw material prices and labor costs remained stable.

In non-residential buildings, the CCI reached 117.63, reflecting a 0.02% decrease from the previous month. Equipment rental costs dropped by 0.98%, although raw material prices slightly increased by 0.01%, with labor costs holding steady.

For skeleton buildings, the CCI was reported at 115.83, with a minimal decrease of 0.01%. Equipment rental costs fell by 1.05%, while raw material prices showed a slight rise of 0.05%, and labor costs remained unchanged.

The Road Cost Index (RCI) in the West Bank experienced a more significant decrease, reaching 111.93, down 0.58% from December 2025, based on a base month of December 2008=100. There was a notable reduction of 2.67% in operating and maintenance costs of equipment, a 0.70% decrease in raw material prices, and a 0.48% decline in equipment rental costs, with labor costs staying stable.

In terms of water networks, the overall WNCI fell to 125.15, marking a 0.20% decrease. Specifically, the Water Networks Cost Index fell by 0.33% to 130.82, whereas the Water Reservoirs Cost Index rose by 0.13% to 112.68.

Lastly, the Sewage Networks Cost Index (SNCI) in the West Bank stood at 113.26, showing a 0.56% decrease from the previous month, based on a base month of January 2010=100.