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Construction producer prices or costs, new residential buildings

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Czech Statistical Office

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CSTO:

The construction producers prices index, abbreviated CPPI (belongs to a group PPI - it means producer price index / variable 130201 producer prices in short term bussines statistics on producer prices).

The construction producers prices index is compiled from the price indices of constructions, those are put together from quarterly price indices of construction works. Prices of construction works are surveyed.

The price indices of constructions are put together from quarterly price indices of construction works. A reporting network established by purposive embraced about 600 respondents of all size classes and different legal forms. The prices in the survey are in agreement between the supplier and consumer for a unit of a domestic construction work, which is realized by employees of the company, working owners of the company, contract job workers and cooperating self reporting units all over the territory of Czech Republic. The construction works prices from the second month of the particular quarter those are surveyed - are exclusive of VAT and are exclusive of cost of building site accessories.

CPA 41.00.1 Residential buildings (new buildings only) excluding Residences for communities (it means output price index of constructions in the classification CC: items CC 111 One-dwelling buildings and CC 112 Two- and more dwelling buildings). It is weighted average of selected price indices of construction works (sorted by the czech nomenclatures TSKPstat), those are compiled from the surveyed prices - with the use of geometric mean.

CSTI:

The construction cost index, abbreviated as CCI, is a business cycle indicator showing the trend in the costs incurred by the contractor in the construction process. The construction cost index covers influences of materials, labour, plant and equipment, transport, energy and other costs (excluding architect's fees).

Construction costs: The objective of the index is that it is used to determine the cost change of a new construction production over a certain period of time. Construction costs index is calculated with the use of this indices: industrial producer price, inland freight transport, forestry and labour costs. Measure unit is a percentage and an index. The source is administrative data - a secondary product of other surveys: chosen industrial producer price indices associated with construction works, price indices of forestry, price indices of inland freight transport, indices of labour costs in construction and indices of outgoings.

CPA 41.00.1 Residential buildings (new buildings only) excluding Residences for communities (it means index of construction costs in the classification CC: items CC 111 One-dwelling buildings and CC 112 Two- and more dwelling buildings).

1 April 2025

Definitions meet the requirements of Commission Implementing Regulation (EU) 2020/1197.

No planned changes.

CSTO:

List and definition of the main variables in the survey:

  • exercise price in CZK,
  • region of work realization,
  • new conditions,
  • exercise price with a new condition in CZK for previous quarter.

The prices in the survey are in agreement between the supplier and consumer for a unit of a domestic construction work, which is realized by employees of the company, working owners of the company, contract job workers and cooperating self reporting units all over the territory of Czech Republic. The construction works prices from the second month of the particular quarter are surveyed - are exclusive of VAT and are exclusive of cost of building site accessories. 

Accounting conventions: length of the reference period is a quarter. The second month of the observational quarter is surveyed.

CSTI:

Administrative data - a secondary product of other surveys:

  • 4-digit of chosen Industrial producer price indices associated with construction work. 
  • Price indices of inland Freight transport (included in Market services in the Business Sphere price indices).
  • Price indices of Forestry – price indices of wood used in construction works.
  • Labour costs in construction - hourly rate of auxiliary construction works.
  • Outgoings are estimated and extrapolated by values used in the past time.

Note: survey frame of entering data is statistical form – chiefly Ceny Prum 1-12 for Industrial producer price indices, Ceny Dop S 1-12 and Ceny Dop Ž 1-12 for price indices of inland Freight transport, Ceny Les 1-04 for price indices of Forestry and Ceny Stav 1-04 for index of Labour costs.

Annexes:
Commission Implementing Regulation (EU) 2020/1197
Regulation (EU) 2019/2152

Contract prices for selected construction work categories.

CSTO:

Enterprises those carry out construction work with own workers or working owners of the company, contract job workers and cooperating self reporting units. NACE 25, 28, 33, 41, 42, 43, 80.

Reporting unit corresponds with observation unit. There are 600 observation units and 8,000 representatives for the quarterly survey of the whole price statistic of construction output in the Czech Republic - specific information for the index of construction price index of CPA 41.00.1 Residential buildings (new buildings only) excluding Residences for communities is not available.

CSTI:

Construction costs indices are put together from the administrative data - we are not able to say how many statistical units contribute to a computation of the cost indices.

A survey frame of entering data is based on the statistical sample survey – chiefly Ceny Prum 1-12 for Industrial producer price indices (1,160 observation units; 4,900 representatives. It is not possible to say, how many respondents or representatives belong to chosen price indices.), Ceny Dop S 1-12 and Ceny Dop Ž 1-12 for price indices of inland Freight transport (under 100 observation units and 200 representatives; It is not possible to say, how many respondents or representatives belong to chosen price indices), Ceny Les 1-04 for price indices of Forestry (under 100 observation units and 200 representatives; It is not possible to say, how many respondents or representatives belong to chosen price indices.) and Ceny Stav 1-04 for index of Labour costs (100 observation units and 220 representatives for hourly rate of auxiliary construction works).

The whole Czech Republic.

Quarterly routine.

Overall accurancy is good. Basical indices (those are components of compilation) are in very good quality. Price information from sample survey is checked by the special central office staff. Extreme price deviations are sorted out with the help of software. There is no automatic rejection; all suspicious data are re-checked by the office workers. Commonly they are conducted consultations with experts on prices in construction output for updating of sample survey Ceny Stav 1-04. The most significant sources of errors are: non-response and sampling errors. These problems are solved personally during the first level of processing the data.

Index.

CSTO:

Estimates for non-response: Non-response is less then 1% of surveyed enterprises. We have the opportunity to impose a fine up to CZK 100,000 on non-responding enterprises. This is guaranteed by the law No. 89/1995 Coll. They are not estimates for grossing-up to population levels used in construction statistics of output prices.

Type of index: the total index of output prices of CPA 41.00.1 Residential buildings (new buildings only) excluding Residences for communities is put together with use of weighting average of items: CC 1110, CC 1121 and CC 1122. A basic method used for the index compilation is the Laspeyres. The index is based on a fixed base year index.

The weighting scheme for 4-digit items of CC is based on construction budgets of chosen constructions of residential buildings. The current weighting scheme for aggregation of 3-, 2- and 1-digit items of CC was put together from results of construction production between 2017-2021. Usually weighting scheme is updated every 5 years.

A fundamental revision of price indices was made in 2022 with the use of chain-linking method and one-quarter overlap. Aggregations of price indices were put together in primary time series (technical price indices) and were recalculated afterwards with using constants into secondary time series. Price indices based on the 2021 average have been provided to Eurostat since 2024. The time series were recalculated and sent to Eurostat in 2024 too.

There is a CZSO Oracle APEX aplication for data of construction price statistics first level compilation available.

CSTI:

Weighted average is used for calculation of the construction costs indices. Weighting scheme is based on budgets of chosen constructions. The current weighting scheme was put together from results of construction production between 2017-2021.

A fundamental revision of price indices was made in 2022 with the use of chain-linking method. Aggregations of indices was put together in primary time series (technical indices) and was recalculated afterwards using constants to secondary time series – aggregations of indices can not be put together in the secondary time series.  Indices based on the 2021 average have been published since 2024. The time series were recalculated and sent to Eurostat in 2024 too.

No grossing-up. Index of Outgoings from the index of Construction Costs is estimated; no other estimates.

CSTO:

Type of source: quarterly statistical sample survey Ceny Stav 1-04.

Frame on which the source is based: every price in the surveyed questionnaire is agreed between the supplier and consumer for a unit of domestic construction work, realized by employees of the company, working owners of the company, contract job workers and cooperating self reporting units all over the territory of Czech Republic. Construction work prices are surveyed the second month of the observation quarter, and are exclusive of VAT.
Change in technology or change in material is not included in surveyed prices.

Sample: the reporting units are selected intentionally.

Criteria for stratification: areas are classified according similarly to the NUTS 4; the capital Prague is classified by 28 parts. There is a nomenclature (with the code 2125) for areas of realisation of construction work which is used for stratification - just for survey, not for dissemination.

Threshold values and percentages: 200 enterprises with less then 50 employees and 400 enterprises with more then 50 employees are selected. The list below shows the distribution (%) of the sample between the surveyed NACE Divisions.

NACE division: Share of reporting units:
NACE 25:   3%
NACE 28:   2%
NACE 33:   1%
NACE 41: 41%
NACE 42: 23%
NACE 43: 29%
NACE 80:   1%

Frequency of updating the sample: continuously.

CSTI:

Construction costs: administrative source - a secondary product of other surveys:

  • 4-digit of chosen industrial producer price indices associated with construction work.  
  • Price indices of inland freight transport (included in Market services in the Business Sphere price indices).
  • Price indices of forestry – price indices of wood used in construction works.
  • Labour costs in construction - hourly rate of auxiliary construction works.
  • Outgoings are estimated and extrapolated by values used in the past time.

Note:

A survey frame of entering data is based on the statistical sample survey – chiefly Ceny Prum 1-12 for Industrial producer price indices (1160 observation units; 4900 representatives. It is not possible to say, how many respondents or representatives belong to chosen price indices.), Ceny Dop S 1-12 and Ceny Dop Ž 1-12 for price indices of inland Freight transport (under 100 observation units and 200 representatives; It is not possible to say, how many respondents or representatives belong to chosen price indices.), Ceny Les 1-04 for price indices of Forestry (under 100 observation units and 200 representatives; It is not possible to say, how many respondents or representatives belong to chosen price indices.) and Ceny Stav 1-04 for index of Labour costs (100 observation units and 220 representatives for hourly rate of auxiliary construction works).

Quarterly.

The data is released on the 46th calendar days after the end of reference quarter.

There is not a geographical comparability at disposal. The whole national territory is equally covered.

Definitions of output price indices meet the requirements of CIR No 2020/1197.

Definitions of cost indices meet the requirements of CIR No 2020/1197.

Annexes:
Commission Implementing Regulation (EU) 2020/1197

The time series were retrospectively recalculated to the base period of 2021 average = 100 in 2024 and were recalculated down the year 2000. There are not breaks in the time series.