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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: State Statistical Office

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Construction cost index for new residential buildings; Material cost index; Labour cost index.

11 June 2025

The Construction cost index for new residential buildings is calculated as a weighted average of the construction material costs index and the labour cost index. The Material cost index covers 96 different products grouped according to the National Nomenclature of Industrial Products (NNIP), in sections B – Mining and quarrying and C – Manufacturing. The Labour cost index is calculated on the basis of data on the average gross wages paid per employee in Section F - Construction, Division 41 - Construction of new residential buildings.

Secondary survey. Statistical units are defined with primary surveys.

Secondary survey. Statistical population is defined with primary surveys.

Republic of North Macedonia

Secondary survey, the reference period depends on the reference periods of the primary surveys (both are monthly surveys).

Determined by overall accuracy in primary surveys.

Indices.

Editing, imputation are phases that are implemented in the primary surveys.
Weights: Weighting is performed with data on costs from "Annual accounts of enterprises, 2021", the purchase value of spent building materials from "Annual report on spent building materials and energy, 2021" and the turnover of building materials on the domestic market from "Annual report on industry, 2021". These values are distributed according to the structure of the values of construction activities (turnover) carried out in accordance with the "Nomenclature of constructions and construction works" from the "Annual report on constructions on which works have been carried out, 2021" at the micro level (enterprise).

The output of this survey is fixed base year indices.

Data sources are the “Monthly report on industrial producer prices on the domestic market” (C.doma) and "Monthly survey on employees and wages" (TRUD.1).

The Material cost index is calculated on the basis of data on Industrial producer prices on the domestic market, for 96 products belonging to these classes: 

  • 08.11;
  • 08.12;
  • 16.10;
  • 16.23;
  • 20.16;
  • 20.30;
  • 20.52;
  • 20.59;
  • 22.21;
  • 23.12;
  • 23.20;
  • 23.32;
  • 23.51;
  • 23.61;
  • 23.62;
  • 23.63;
  • 23.64;
  • 23.69;
  • 23.70;
  • 23.99;
  • 24.10;
  • 24.20;
  • 24.34;
  • 25.11;
  • 25.93;
  • 27.32.

The Labour cost indexis calculated on the basis of the average gross wages paid per employee in the Construction section, Division 41 - Construction of buildings, from the National classification of activities (NKD Rev.2).

Monthly and quarterly.

65 days after the end of the reference period (Т+65).

The data are produced at the national level. Comparability is ensured at the international level.

Time series since 2005 (2021=100). No breaks in the series.