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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: National Statistics Office

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The indicator is the Construction Producer Price Index (CPPI). However, Malta compiles the Construction Cost Index (CCI), which is an approximation to the CPPI. The indicator shows the trend in the cost of new residential buildings.

13 June 2025

There are 3 specific indices for this indicator. The labour cost index, the material cost index and the total construction cost index. The labour cost index covers the expenses related to the labour involved in the construction industry. Basically, this covers the wages and salaries paid per hour worked. The material cost index covers the costs of material used in the construction industry. The construction cost is the total cost in the construction industry, made up of the labour cost and the material cost. The use of SBS weights is used for the 2 sub indices.

Kind of Activity Unit (KAU)

There are approximately 120 units for the labour cost index, while for the material cost index the PPI data are used.

The indicator covers the national territory of the Maltese Islands.

The data are collected and published on a quarterly basis.

The overall accuracy of the indicator is considered to be of good quality. 

Sampling error is negligible, non-sampling error is small and the first estimates are not biased.

The data are provided in index form.

Non-response is treated by micro-estimation to ensure a full response for all surveyed units.

The current file conversion is GESMES/TS and the plan is to use the SDMX-ML tool in the future.

The data for the labour cost index are obtained from the gross wages and salaries and hours worked data. The material cost index is derived from the PPI data.

Eurostat transmissions for this index are carried out on a quarterly basis and 90 days after the end of the reference period.

The index is disseminated 90 days after the reference period.

To ensure geographical comparability across member states the index is compiled according to the STS Regulations and STS Methodological Guidelines. The same concepts are applied to the whole national territory of the Maltese Islands.

Data are comparable over time.