INE's April ICCHN Index Posts 5.9% YoY Lift in New-Housing Construction Costs — Labour Up 7.3%, Materials 4.7%
Statistics Portugal puts the Índice de Custos de Construção de Habitação Nova at +5.9% year-on-year in April — a 0.2 pp acceleration on March — with labour contributing 3.4 points and materials 2.5 points to the headline cost squeeze that keeps Portuguese developer margins tight.
