Construction Cost Index in Sumatera Utara Province 2022

Publication of the North Sumatra Province Construction Costly Index 2022 is an annual publication that contains information on the Province and Regency/City Construction Cost Index (IKK) figures in North Sumatra. IKK is a price index that describes the level of construction cost of a district/city compared to a reference city. The reference city used in 2021 and 2022 is Makassar City. The previous reference cities were Semarang City in 2018-2020 and Surabaya City in 2015-2017.
The data presented in this publication were obtained from the results of the Construction Expensive Price Survey (SHKK) specifically for building/construction materials, heavy equipment rental, and construction service wages conducted in districts/cities in North Sumatra. The processed data comes from price data for the third and fourth quarters of 2021 and the first and second quarters of 2022. The calculation of the IKK weighing chart uses data from the Bill of Quantity (BoQ), the Work Unit Price Analysis Book of the Ministry of Public Works and Public Housing, and data on the realization of the Regional Revenue and Expenditure Budget (APBD). The 2022 IKK is one of the main components used for calculating the General Allocation Fund (DAU) for the 2023 Fiscal Year.