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Prices and Consumption, Economic StatisticsPeter Fink-Jensen
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The Producer Price Index for Construction of Dwellings is a business cycle indicator, which is used in analyses of economic developments in Denmark. It is used in the Danish National Accounts, and is part of the framework of EU short term business statistics. Surveys of user satisfaction are not performed, but the statistics is part of Danish Statistics' expert committee for statistics on housing and civil engineering.
User Needs
The Producer Price Index for Construction of Dwellings is a business cycle indicator, which is used by in analyses of economic development in businesses and society as a whole. It is also part of Eurostat's common framework for business statistics. Furthermore, the index is used as a deflator in the Danish National Accounts for constant price calculations.
User Satisfaction
The Producer Price Index for Construction of Dwellings is part of the expert committee for statistics on housing and civil engineering, which is aimed at continuous improvement of this and other relevant statistics. No further surveys of user satisfaction are performed.
Data completeness rate
According to EU legislation, a producer price index for construction should include all types of housing. As Producer price index for construction of dwellings does not include housing types other than one-family housing, the statistic does not meet these official demands. It is however allowed to use construction costs as a proxy for construction prices, and therefore Construction cost index for residential buildings is reported to Eurostat instead.