Construction producer prices or costs, new residential buildings - annual data
methods, notes and classification
DATA_DESCR Short-term statistics (STS) give information on a wide range of economic activities according to NACE Rev.2 classification (Statistical Classification of Economic Activities in the European Community). The industrial import price indices offer information according to the CPA classification (Statistical Classification of Products by Activity in the European Economic Community). Construction indices are broken down by Classification of Types of Construction (CC). All data under this heading are index data. Percentage changes are also available for each indicator. The index data aregenerally presentedin the following forms: Unadjusted Calendar adjusted Seasonally adjusted Depending on the STS-regulation data are accessible as monthly, quarterly and annual data. This heading covers the indicators listed below in four different sectors. Based on the national data, Eurostat compiles EU and euro area infra-annual economic statistics. Among these, a list of indicators, called Principal European Economic Indicators (PEEIs) has been identified by key users as being of prime importance for the conduct of monetary and economic policy of the euro area. These indicators are mainly released through Eurostat's website under the heading Euro-indicators. There are eightáPEEIs concerning the STS and they are marked with * in the text below. INDUSTRY Production (volume)* Turnover: Total, Domestic market and Non-domestic market==> A further breakdown of the non-domestic turnover into euro area and non euro area is available for the euro area countries New orders (data on new orders are published in Eurostat's database until the reference month April 2012; the collection of data on industrial new orders was terminated with Commission Regulation No 461/2012 of 31 May 2012): Total, Domestic market and Non-domestic market==> A further breakdown of the non-domestic new orders into euro area and non euro area is available for the euro area countries Producer prices (output prices)*: Total, Domestic market and Non-domestic market==> A further breakdown of the non-domestic producer prices into euro area and non euro area is available for the euro area countries Import prices*: Total, Euro area market, Non euro area market (euro area countries only) Labour input indicators: Number of persons employed, Hours worked, Gross wages and salaries CONSTRUCTION Production (volume)*: Total of the construction sector, Building construction, Civil Engineering Building permits indicators*: Number of dwellings, Square meters of useful floor (or alternative size measure) Construction costs or prices: Construction costs, Material costs, Labour costs (if not available, they may be approximated by the Output prices variable) Labour input indicators: Number of persons employed, Hours worked, Gross wages and salaries WHOLESALE AND RETAIL TRADE Volume of sales (deflated turnover)* Turnover (value) Labour input indicators: Number of Persons Employed Number of new car registrations==>This indicator is not a STS legal requirement for the Member States. The national data are collected by the European Automobile Manufacturers Association (ACEA - Association de Constructeurs EuropΘens d'Automobiles). In the past Eurostat used toácompile the European time series based on the information provided by ACEA. Eurostat terminated the publication of the new car registration withináshort-term statistics. The information is now providedábyáthe European Central Bank. SERVICES Turnover (in value)* Labour input indicators: Number of persons employed Producer prices (Output prices )*
CLASS_SYSTEM NACE Rev.2 classification (Statistical Classification of Economic Activities in the European Community) is used for all the STS indicators, except Industrial Import Prices; for this indicator, the information is available according to CPA classification (Statistical Classification of Products by Activity in the European Economic Community).The split of the construction indicators into Building and Civil engineering is made based on CC classification (Classification of Types of Construction).
STAT_CONC_DEF Detailed definitions of each indicator are described in the Commission Regulation 1503/2006. PRODUCTIONThe objective of the production index is to measure changes in the volume of output at close and regular intervals, normally monthly. It provides a measure of the volume trend in value added over a given reference period. The production index is a theoretical measure that must be approximated by practical measures.Value added at basic prices can be calculated from turnover (excluding VAT and other similar deductible taxes directly linked to turnover), plus capitalised production, plus other operating income plus or minus the changes in stocks, minus the purchases of goods and services, minus taxes on products which are linked to turnover but not deductible plus any subsidies on products received. The division of production in construction between building construction and civil engineering is based on the classification of types of construction (CC). TURNOVERThe objective of the turnover index is to show the development of the market for goods and services.Turnover comprises the totals invoiced by the observation unit during the reference period, and this corresponds to market sales of goods or services supplied to third parties. Turnover also includes all other charges (transport, packaging, etc.) passed on to the customer, even if these charges are listed separately in the invoice.Turnover excludes VAT and other similar deductible taxes directly linked to turnover as well as all duties and taxes on the goods or services invoiced by the unit. The indices of domestic and non-domestic turnover require turnover to be split according to the first destination of the product based on the change of ownership. The destination is determined by the residency of the third party that purchased the goods and services. Non-domestic turnover is further sub-divided into turnover despatched to euro-zone countries and all other non-domestic turnover. VOLUME OF SALESThe volume of sales represents the value of turnover in constant prices and as such is a quantity index. It is normally calculated as turnover at current prices, deflated by the deflator of sales. NEW ORDERSThe collection of data on industrial new orders was terminated with Commission Regulation No 461/2012 of 31 May 2012 and the collection of data on new orders in construction with Commission Regulation No 1503/2006 of 28 September 2006.á PRODUCER PRICES (OUTPUT PRICES)The producer prices are also known as output prices. However, although the STS-Regulations use the term of "output prices", in practice the most used term is "producer prices". The definition in this paragraph reflects the terminology used in the Commission Regulation 1503/2006.The objective of the output price index is to measure the monthly development of transaction prices of economic activities. The domestic output price index for an economic activity measures the average price development of all goods and related services resulting from that activity and sold on the domestic market. The non-domestic price index shows the average price development (expressed in the national currency) of all goods and related services resulting from that activity and sold outside of the domestic market. When combined, these two indices show the average price development of all goods and related services resulting from an activity.It is essential that all price-determining characteristics of the products are taken into account, including quantity of units sold, transport provided, rebates, service conditions, guarantee conditions and destination. The indices of domestic and non-domestic prices require separate output price indices to be compiled according to the destination of the product. The destination is determined by the residency of the third party that has ordered or purchased the product. Output prices for the non-domestic market are further sub-divided into output prices for products despatched to euro-zone countries and all other output prices. IMPORT PRICESThe objective of the import price indices is to measure the monthly transaction price development of imported goods purchased from non-domestic areas by domestic residents. All the related services are excluded from the scope. It is essential that all price-determining characteristics of the products are taken into account, including quantity of units sold, transport provided, rebates, service conditions, guarantee conditions origin and destination. The non-domestic market is defined as third parties, which are not resident in the same national territory as the observation unit. The indices of the import prices require a separate calculation according to the country of consignment of the product. The country of consignment is determined in a consistent way with customs procedures. Import prices are sub-divided into imports from euro-zone countries and imports from other countries. NUMBER OF PERSONS EMPLOYEDThe objective of the index of number of persons employed is to show the development of employment.The number of persons employed is defined as the total number of persons who work in the observation unit (inclusive of working proprietors, partners working regularly in the unit and unpaid family workers), as well as persons who work outside the unit who belong to it and are paid by it (e.g. sales representatives, delivery personnel, repair and maintenance teams). HOURS WORKEDThe objective of the hours worked index is to show the development in the volume of work done. The total number of hours worked represents the aggregate number of hours actually worked for the output of the observation unit during the reference period. WAGES AND SALARIESThe objective of the wages and salaries index is to approximate the development of the wage and salaries bill. Wages and salaries are defined as the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including home workers), in return for work done during the accounting period, regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly. CONSTRUCTION COSTSThe objective of the construction cost index is to show the development of costs incurred by the contractor to carry out the construction process. The cost indices are mandatory for new residential buildings (excluding residencies for communities). The component costs index (material costs and labour costs) shows the price developments of production factors used in the construction industry. Output price indices for construction can be used as an approximation for the construction cost variables. The MATERIAL COSTS index is generally calculated using material prices. Prices of materials should be based on actual prices rather than list prices. Prices should be based on a sample of products and suppliers. Prices are valued excluding VAT. The LABOUR COSTS index should cover wages and salaries and social security charges for all persons employed. BUILDING PERMITS: NUMBER OF DWELLINGS, SQUARE METRES OF USEFUL FLOOR AREA The objective of the number of dwelling building permit index is to show the future development of construction activity in terms of unit numbers, while the objective of the useful floor area building permit index to show the future development of construction activity in terms of useful floor area or an alternative size measure.A building permit is an authorisation to start work on a building project. As such, a permit is the final stage of planning and building authorisations from public authorities, prior to the start of work.
STAT_UNIT The STS-Regulations require the use of the following observation units: KAU (Kind of activity unit) for the indicators in industry and construction; Enterprise for the indicators in wholesale and retail trade and services. In practice, however, several Member States collect the information from the enterprises rather than from the KAU (Data collection on the level of the KAU requires a greater degree of detail which is often not available, e.g. in administrative sources.)
STAT_POP The statistical population comprises the observation units (KAUs or enterprises) operating in the NACE/CPA classes mentioned below. INDUSTRY Production: sections B, C, D of NACE (D353 excluded) Turnover: sections B and C of NACE New orders: The collection of data on industrial new orders was terminated with Commission Regulation No 461/2012 of 31 May 2012; data are available until April 2012. The data cover manufacturing industries working on orders( C13, C14, C17, C20, C21, C24 to C30)Producer prices (Output prices): sections B to E of NACE ( B0721, C2446, C254, C301, C303, C304, E37, E38 and E39 not included). Import prices: Sections B, C, D ofá CPA (B0721, B09, C18, C2446, C254, C301, C303, C304, C33 not included) Labour input indicators (Number of persons employed, Hours worked, Gross wages and salaries): Sections B to E of NACE (E37, E38 and E39 not included) CONSTRUCTION Production: section F of NACE broken down to building construction and civil engineering according to Classification of Types of Construction (CC) Building permits indicators:oáNumber of dwellings: CC11 excluding CC113 (New residential buildings excluding residencies for communities)oáSquare metres of useful floor: CC1 (Buildings) Construction costs (Construction costs, Material costs and Labour costs): CC11 excluding CC 113 (New residential buildings excluding residencies for communities) Labour input indicators (Number of persons employed, Hours worked, Gross wages and salaries): section F WHOLESALE AND RETAIL TRADE Volume of sales (deflated turnover): section G of NACE (G45, G46, G47) Turnover (in value): section G of NACE (G45, G46, G47) Labour input indicators (Number of persons employed ): section G (G45, G46,G47 excluding G47.3) SERVICES Turnover (value):á sections H, I, J, M, N of NACE Labour input indicators ( Number of persons employed): sections H, I, J, M, Ná of NACE Producer prices (Output prices): sections H, J, M, N of NACE Detailed information on the level of detail of the data to be delivered by each country and therefore, on the target statistical population for each country, is available from the STS requirements, available here. The STS-Regulations allows simplified reporting for small countries (below certain thresholds).
REF_AREA Euro area, European Union, EU individual Member States and EFTA countries. Data referring to candidate countries to the EU, and aggregates for the US and Japan are also published if available.
BASE_PER Year 2010 = 100
UNIT_MEASURE Indices, percentage changes (%).
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Explanatory Notes 
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