Quarterly price indices of construction work and constructions
and monthly estimates of construction work’s price indices
Price indices of construction work are calculated from prices measured in the specialized quarterly reporting Ceny Stav 1-04. Therefore monthly indices are estimated with the help of another monthly statistical survey at CZSO.
An input data for estimates are the quarterly price indices of construction work and monthly price indices of material inputs and consumed products in a building industry.
In addition to using material inputs, unmaterial inputs are used like average monthly wage fluctuation in a building industry, freight transport, outgoings and profit.
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.
Price indices of constructions are calculated from price indices of construction work calculated with a quarterly intentional survey data.
The reporting network established by purposive embraced about 750 respondents of all size classes and different legal forms. The prices are those agreed between the supplier and consumer for an unit of domestic construction work, realized by own workers all over the state territory of Czech Republic. Construction work prices are surveyed the second month of the particular quarter, and are exclusive of VAT and the cost of a building site accessories.
The second month of every quarter is the month of the survey.
The complex
revision of price indices passed during the year 2006. Price indices
based on the average 2005 are published since 2007. It was put in use a new weighting scheme in 2007. Price indices for period 2001 – 2006 were recounted in the new weighting scheme.
(viz.
http://czso.cz/eng/redakce.nsf/i/ipc_ts)
On October 1997 the
Classification of Types of Constructions (
CZ-CC) was issued by Eurostat. The Czech Classification of Products by Activity (
CZ-CPA) is used from January of the year 2009. Abbreviation CZ expresses national version of an international standard.
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.
Period:
July 2010
Y-O-Y Increase/Decrease(%):
-0,2
Release Date:
16 August 2010
Release dates - Price indices of construction work (estimates)