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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: [TR1] Turkish Statistical Institute (TURKSTAT)

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Defination of data: Construction cost index (CCI), is an input price index that measures the changes in construction costs in terms of labor and materials.

Purpose of the Study: Tmeasures changes in cost in building and civil engineering.

8 April 2026

Index formula: Fixed base Laspeyres index.

Weights:

  • Weights of labor and material cost groups for each construction type
  • Labor type weights in labor
  • Material type weights in material derived from approximate cost and inal account files of representative construction projects.

In the weighting of building types, building registration data is used for buildings and National Account data is used for civil engineering.

Data used in calculations

In the calculation of elementary level indices;

  • Producer Price Index (PPI) values at the CPA level are used for materials excluding fuel and electricity,
  • Consumer Price Index (CPI) values at the COICOP level are used for fuel and electricity,
  • Service Producer Price Index (SPPI) values at the CPA (49.41) level are used for transportation,
  • Wage data from the Social Security Institution (SSI), classified according to ISCO-08, are used for labor.

Observation unit: Price indices and administrative data

Reporting unit: Index and changes of monthly and yearly

In order to determine the material and workmanship and their weights, 77 construction projects were analyzed to represent construction types, resulting in about 2,300 products and weights. The cost index is calculated for each type of structure resulting from matching these products with the related price index in the lowest detail.

In the elementary level calculationof the the CCI with 2015 base year, current price indices (Domestic Producer Price Index, Service Producer Price Index, Consumer Price Index) and administrative data from the Social Security Institution are used.

Turkey

Reference period is monthly.

Construction Cost Index (CCI) results are analyzed, looking for errors, which may affect the final results. Outliers are determined by using SAS programme, and some computings are made by using excel and SAS together. Price indices released and administrative data controlled provide quality checked data for CCI.

Indices and percentage changes.

The CCI is computed by applying  Laspeyres formula with fixed base year (2015=100). It is not a chained index. 

Type of source Different types of sources are used. Material prices are mainly colleçted from Domestic Producer Price Index, Service Producer Price Index and Consumer Price Index. Labour costs are derived from administrative source: Social Security Institution

Frame on which the source is based Weights for types of construction and items used in compilation of 2015 based CCI were calculated evaluating bill of quantities obtained from various public institutions and organizations(eg.Housing Development Administration, The General Directorate of Highways) with 2015 unit prices.

Criteria for stratification  Not applicable

Threshold values and percentages  Not available

Frequency of updating the sample Sample is updated every 5 years.

Monthly.

Publication is released 38-42 days after the end of the reference month.

Turkey CCI  is produced only on the whole country level.

TurkStat calculates CCI since 2018. Time series of BCCI breaks are he following:

  • 1991-2006; base 1991
  • 2005-2017; base 2005
  • 2015- ; base 2015

Eurostat publishes indices with base year 2021 From March 2024 onwards.