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CNS107D - Construction cost indices - base year 2021 |
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 |
Construction cost indices are Laspeyres indices and are calculated in accordance with the provisions of Regulation (EU) no. 2152/2019 of the European Parliament and of the Council, Delegated Regulation (EU) no. 1197/2020 of the Commission on 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 2021). 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.
Metadata and quality report |
Last update |
DEC 17, 2024 |
Observations |
The data are available since 2005. |
Responsible person |
Isofache Ana-Maria; anamaria.isofache@insse.ro; tel. 0213181824/2091 |
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