A more recent publication of this set of statistics is available.

Latest publication: Building cost index 2019, October

Published: 12 February 2008

Building costs rose by 4.4 per cent in twelve months

Building costs rose by 4.4 per cent from January 2007 to January 2008. Labour costs in construction went up by 1.7 per cent, prices of materials by 5.7 per cent and those of other inputs by 5.5 per cent year-on-year. This is indicated by the building cost index of Statistics Finland.

From December 2007 to January 2008, the total index of building costs fell by 0.1 per cent. The prices for labour fell by 1.3 per cent, whereas those for materials and other inputs rose by 0.4 per cent.

Building Cost Index (2005 = 100) and its year-on-year and month-on-month changes

Index January
2008
Change %
1/2007 - 1/2008
Change %
12/2007 -1/2008
Building trade newbuilding      
Total index 111.8 4.4 -0.1
    Labour 106.4 1.7 -1.3
    Materials 114.5 5.7 0.4
    Other inputs 113.5 5.5 0.4
       
By type of building      
Newbuilding      
    Blocks of flats 112.6 5.0 -0.1
    Detached residential houses 112.3 4.3 -0.2
    Office and commercial buildings 111.2 4.5 -0.1
    Industrial and warehouse buildings 111.2 3.8 -0.1
    Agricultural production buildings 119.2 7.1 0.1

Source: Building cost index 2008, January. Statistics Finland

Inquiries: Ms Sinikka Kanerva +358 9 1734 2231, rakennus.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

Tables

Tables in databases


Last updated 12.2.2008

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. January 2008. Helsinki: Statistics Finland [referred: 21.11.2019].
Access method: http://www.stat.fi/til/rki/2008/01/rki_2008_01_2008-02-12_tie_001_en.html