Producer cost indices for construction
Description
The producer costs for construction are used essentially to monitor the evolutions
of production costs in the construction field. They detail them by sub sectors (construction
of buildings, renovation of existing buildings, civil engineering,...) and by types
of costs (labour, materials, energy,....).
At a national level, they are used for macroeconomical analysis and to monitor the
activity of the construction field. At an european level, they also enable Eurostat
to do international comparaisons and to create european aggregates.
The producer cost indices for construction cover the entire sector of construction
(residential and non-residential buildings, civil engineering, ...) for the demand
of the national comptability service. It uses them as deflators in addtion to the
price production in new residential buildings and the producer prices in renovation
of existing buildings.
The producer prices for construction are estimated according to a similar scheme used
to estimate the indices in the construction of buildings and public works, but they
are only used for a statistical purpose (not for indexation of contracts).
They are monthly indices that are released each quarter in publications (Informations
Rapides) and in the macroeconomical database (Insee.fr). These indices are also sent
to Eurostat.
The producer costs for construction were created in 2014.