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CNS107A - Construction cost indices - base year 2005 |
Definition |
Construction cost indices are deflated indices and measures the evolution of costs from one period to another. |
Periodicity |
Monthly |
Data sources |
Statistical survey on construction work performed under contract details |
Methodology |
Cost indices in construction are Laspeyres type and are compiled according to the provisions of EC Regulation no.1165/1998 amended by the Regulation of European Parliament no. 1158/2005 regarding the short term statistics.
Cost indices in construction are calculated as weighted mean of construction materials price indices, construction equipment indices, transport expenditure and indirect expenditure as well as the gross nominal earnings index. The weights used for aggregation represent the expenditure structure in construction based on specific statistical surveys with 5 year periodicity (the last one was for the base year 2005).
Cost indices in construction are calculated per total construction branch (CANE Rev.2 F section), by structure elements (new construction works, capital repairs and maintenance works and current repairs) and by construction type (residential buildings, non-residential buildings and engineering construction).
Construction cost indices are provisional and are revised based on rectification retroactively done by sample enterprises, on data previously provided. |
Last update |
MAY 16, 2013 |
Observations |
Coverage: The monthly statistical survey is reffering to all enterprises with legal status having construction as their main activitiy (Section F of CANE rev.2). Data sources: The statistical survey 'CON' for years 2000-2004 and Statistical survey regarding short term indicators in construction CON TS chapter VAL and MAT starting with 2005.
The statistical survey is of sample type. The sample type used and the method of extracting sample for this statistical survey is simple random stratified survey in which strata are defined according to the economic activity and size class by number of employees. |
Interruption |
Last period of this series: March 2013. |
Responsible person |
Isofache Ana-Maria; anamaria.isofache@insse.ro; tel. 0213181824/2091 |
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