The general level of the Construction Cost Index (ICC) in the Greater Buenos Aires area recorded a 1.4% increase in December compared to the previous month, according to the National Institute of Statistics and Censuses (INDEC). The information, accessed by the Argentine News Agency (NA), shows that this result is a consequence of increases in the 'Materials' chapter (1.6%), 'Labor' (1.3%), and 'General Expenses' (1.3%). In this way, 2025 closed with an increase of 22.9%. 'Labor' incorporates the salary agreement of the Argentine Workers' Union of the Construction (UOCRA), applicable to the labor categories provided for in Collective Labor Agreement 76/75 from December 2025, added to a non-remunerative and extraordinary allowance. Likewise, the increase in labor categories impacts the 'General Expenses' chapter, as this contains the 'Night Watchman' item, which is framed within the resolution. 'General Expenses' incorporates the new tariff values that the National Electricity Regulatory Entity (ENRE) approved for electricity tariffs as of December 1 for distributors Edenor and Edesur, within the framework of the comprehensive tariff reviews of both companies. It also includes an update authorized by the Ministry of Economy's Public Works Secretariat in the consumption values and water and sewer connections. It also includes an update authorized by the regulatory entity Enargas in the values of all concepts of the gas connection, as detailed by INDEC. The construction cost closed the year with an increase of 22.9%.
