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Producer prices in construction or construction costs

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: [LV1] Central Statistical Bureau of Latvia (CSB)

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Construction cost index for new residential buildings (130201). 

Construction cost index characterizes changes in the main resources invested in construction of new residential buildings during the reporting period in comparison with the base period.

15 June 2026

Prices of building materials excluding VAT are used. Building enterprises provide purchase prices and trade enterprises provide sale prices of building materials. Maintenance and operational costs of machinery and mechanical appliances are provided as costs per hour for machinery lease. Labour costs are presented by gross wage per hour and per capita.

Prices of building materials and maintenance and operational costs of machinery and mechanical appliances are collected every month.

Observation unit - Kind of activity unit (KAU).

Reporting unit - enterprise.

Economically active statistical units with the main kind of economic activity, according to the Statistical Classification of Economic Activities, Revision 2 (NACE Rev. 2), falls within section:

  • F 'Construction';
  • G 'Wholesale and retail trade' (NACE classes 46.73, 46.74 and 47.52).

The list of construction enterprises-respondents is selected by means of target sampling, choosing the enterprises with the highest value of own account construction work (NACE Rev. 2 Section F) in the previous year. The sampled construction enterprises differ in specialisation and represent various regions of Latvia. The criterion for the sample of trade enterprises is their turnover and specialisation.

For the calculation of the labour cost index, information on enterprises included in the Construction cost index (CCI) survey is used (NACE Rev. 2  41, 42.21, 42.22 and 43).

Entire country.

Quarter.

The accuracy is tackled at national level, by eliminating inconsistencies and errors. Data are collected monthly by web questionnaires, using the data validation rules. Additionally more attention is paid to items where price changes are more or less 20-25%.

Indices.

The index calculation is based on a chained Laspeyres-type formula and weights updated each year.

For the calculation of the CCI the approach of unified models is used. The structure of dwellings is represented by model of construction: multi-dwelling residential buildings that contains a set volume of expenditure on building materials, labour force and construction equipment.

For the calculation of the material cost index, prices of building materials provided by construction enterprises and trade enterprises (survey 1-BC), prices provided by producers and importers (reports 1-RC and 1-IC) and since 2020 registered consumer prices of building materials are used for CCI calculation.

December of previous year is used as reference period for CCI. 

The prices do not include the VAT.

For the calculation of the labour cost index the average hourly wages and salaries of the employees in the construction sector (including social contributions paid by the employer) in the enterprises included in the CCI sample (NACE Rev. 2  41, 42.21, 42.22 and 43) are used.

For the calculation of indicators, the data collected for the calculation of the construction cost index (CCI) are applied: survey on construction resource prices; since 2012 – also prices provided by industrial producers and importers, statistical data of wages and salaries regarding the average hourly wages and salaries of all employees (survey 2 - Darbs). For the calculation of the weights, information regarding the value of own account construction work in year t-1 (survey 1-Būvniecība) is used.

In 2025 the data on prices of construction resources were provided by approximately 225 construction enterprises and more than 40 trade enterprises. Each month about 2.7 thsd prices of construction resources are used for the calculation of the index. The sample is updated annually.

Quarterly.

The information on Construction cost index for new residential buildings is published at 13:00 o’clock of local time on the 68th day after the reference quarter.

The information letters about questionnaires for the next year are sent to respondents at the end of the year.

The deadline for replies to questionnaires is the 12th day after the end of each reference month. The data collection is closed approximately on the 28th day after the reference month.

The construction costs are collected across the country so that the index represents the country as a whole. 

The Construction cost index for new residential buildings is published on the Official statistics portal database and includes quarterly data from 2006. The break in series took place in 2008, when a uniform construction model of a detached residential house was replaced with a multi-dwelling residential building.