Japan: price index for construction work 2023

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In the fiscal year 2023, the deflator for construction works in Japan was estimated at 123.2 index points compared to the base year 2015. This represented an increase of 3.2 index points compared to the provisional figures of the previous year. The deflator for construction work can be broadly subdivided into building construction and civil engineering.

Deflator for construction work in Japan from fiscal year 2014 to 2023

Characteristic	Deflator (2015 = 100)
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Release date

May 2024

More information

Region

Japan

Survey time period

fiscal year 2014 to 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Special properties

fiscal year 2015 as base year with an index of 100

Supplementary notes

*Provisional figures based on average values of the fiscal years 2018 to 2020.

Construction costs include main construction costs, ancillary construction costs, costs for surveying and testing, costs for machinery, and costs for maintenance and repair, excluding costs for land and compensation costs.
The construction cost deflator does not include operating surplus and indirect taxes (including consumption taxes).

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