Other prices and costs

This page presents data on price indices beyond the HICP.

HICP, other prices and costs All time series on other prices and costs

Most of the data presented here are produced by the European Commission (mainly Eurostat) and national statistical institutes. Euro area results are obtained by aggregating data for individual countries.

Prices for residential property

Eurostat’s house price index for the euro area measures the development of the prices of houses and flats used for residential purposes (”residential properties”). As the data only start in 2005, the ECB also publishes a longer time series derived by using non-harmonised national residential property price indicators to extend the house price index backwards to 1975. These non-harmonised indicators differ significantly in terms of concepts and coverage; for example, not all of them cover entire countries.

Producer prices, import prices and raw material prices

Producer price indices for industry, construction and services, as well as import price indices, are covered by Regulation (EU) No 2019/2152 of 27 November 2019 on European business statistics. For industrial producer price indices, the available breakdown of products by end-use is the harmonised sub-division of industry excluding construction (NACE sections C to E) into main industrial groupings (MIGs) as defined by Commission Implementing Regulation (EU) 2020/1197 of 30 July 2020. Services producer price indices are available at the NACE division level. Producer prices reflect the ex-factory gate prices of producers. They include indirect taxes except VAT and other deductible taxes. World market prices of raw materials measure changes in the prices of euro-denominated euro area imports compared with the base period.

Labour costs

The labour cost indices measure the average labour cost per hour worked. They do not, however, cover agriculture, fishing, public administration, education, health and services not classified elsewhere. In addition, the ECB calculates the indicator of negotiated wages on the basis of non-harmonised national data.