Quarterly price indices of construction works and constructions and monthly estimates of construction works price indices
Price indices of construction works are calculated by prices measured in the quarterly statistical survey Ceny Stav 1-04. Therefore monthly indices are estimated with the help of another monthly statistical surveys at CZSO.
The data which is entering into the estimates: the quarterly price indices of construction works, monthly price indices of material inputs consumed products in a building industry and unmaterial inputs. The estimates are regularly
updated with retrospective effect (on the 45th day after the end of the quarter concerned), according to results of the quarterly price survey Ceny Stav 1-04.
Price indices of constructions are calculated with use of the price indices of construction works.
The price indices of construction works are calculated from exercise prices for work and used material of individual construction work. The prices have been found out from the reporting network established by purposive embraced about 730 respondents of all size classes and different legal forms (CZ-NACE 25, 28, 33, 41, 42, 43, 80). The prices are those agreed between the supplier and consumer for a unit of a domestic construction work, which is realized by employees of the company, working owners of the company, persons working on the agreement and cooperating self reporting units all over the state territory of Czech Republic. Construction works prices from the second month of the particular quarter are surveyed, are exclusive of VAT and are exclusive of the cost of a building site accessories.
The extraordinary
revision of price indices passed during the years 2010-2011. Price indices
based on the 2005 average have been published since 2007. A new weighting scheme has been put together in 2012 and it has been put together from results of construction production in 2007-2010. Time series have been connected with the previous published data. A method of chaining was used for the revision.
Aggregations of price indices are put together in the primary time series and converted by constants to the secondary time series after that –
aggregations of price indices
can not be put together in the secondary time series.
(viz
http://www.czso.cz/eng/redakce.nsf/i/revisions_producer_prices)
The Czech Classification of Types of Constructions (
CZ-CC) has been used for publication of price indices of constructions from the year 2004.
The Czech Classification of Products by Activity (
CZ-CPA) has been used for publication of price indices of construction works from January 2009. Construction works which are not included in CZ-CPA they are sorted in a new system of nomenclatures TSKPstat. Source of
TSKPstat is a sort system of construction works ”TSKP CS ÚRS“ in possession of an enterprise ÚRS PRAHA, a.s.
Increase (or decrease) of price indices of construction work and constructions indicates by how many % the average level of industrial prices increased (or decreased) in the surveyed term in comparison with a price level in a comparative term. Corresponding period of the last year (month or quarter), previous term and 2005 average are comparative terms.
The text was not edited for language.
Period: December 2011
Y-O-Y Increase/Decrease(%):
-0,5
Release Date: 16 January 2012
Release dates - Price indices of construction work (estimates)