Producer cost indices for construction

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Description

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.

History

The producer costs for construction were created in 2014.

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