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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: Federal Statistical Office (DESTATIS)

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This indicator is part of the overall STS indicator system which supports business cycle observation. The construction price indices are compiled for a choice of selected important products in types of construction (e.g. residential buildings).

5 June 2026

The price indices can be described as output price indices which do not refer to the construction industry but to selected types of buildings and other constructions. The collected prices are market prices awarded to contracts (not tender prices) and exclude VAT. In the calculation of the index VAT rate changes are taken into account.

Contract prices for selected construction work categories.

Contract prices refer to construction measures indicated above which are executed by German enterprises in Germany.

Country as a whole.

Quarter.

The accuracy is assessed as very good. Still, main sources for errors/potential for bias in the calculation are induced by survey data, in particular item non-response, over and under coverage, incorrect classified units in the sample frame, implausible data, incorrect signing of the non-response case and inappropriate estimation of missing values. 

Index as a result of survey on prices.

Non-response is estimated according to the average development of prices in the same construction work category.

Estimates for grossing- up to population levels are not applicable.

The type of indices is Laspeyres which are in general re-based every five years.

Due to the specific classification by type of construction activity, the weighting scheme is difficult to obtain. It is necessary to obtain the billing records and invoices for building construction categories on given types of structure which were performed during the base year or shortly before or after. Property owners have to be contacted. For each billing record, the prices   of all construction work categories that can be allocated to a specific collection item are added    up. This sum is then divided by the total price of the structure to obtain the relative weight of the collection item in question.

The work with respect to buildings is mostly done by an external institute nowadays.

The data set is based on a statistical survey. The sampling method is not formalized and the sample is not updated regularly. A judicious selection of reporting units is performed.

For the conventional construction prices the basket includes about 180 collection items (typical construction work categories) corresponding to all types of construction activities. 30,000 price notifications are collected for these 180 items.

Quarterly.

Results are published no later than 45 days after the end of the reference month.

Data are collected around mid of February, May, August and November.

The construction cost index is geographically comparable.

Consistent time series of the recent base year are available since 1991. Time series prior to 1991 refer to the former territory of the Federal Republic of Germany.