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

Latest publication: Building cost index 2019, August

Published: 12 February 2009

Growth rate of building costs slowed down to 1.5 per cent in January

Building costs rose by 1.5 per cent from January 2008 to January 2009. Labour costs in construction went up by 4.0 per cent and prices of materials by 0.9 per cent. Those of other inputs went down by 1.3 per cent year-on-year. This is indicated by the building cost index of Statistics Finland.

From December 2008 to January 2009, the total index of building costs went down by 0.2 per cent. The prices for labour rose by 0.1 procent, the prices of materials were the same and the prices of those for other inputs went down by 1.6 per cent.

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

Index January
2009
Change %
1/2008 - 1/2009
Change %
12/2008 - 1/2009
Building trade newbuilding      
Total index 113.5 1.5 -0.2
    Labour 110.7 4.0 0.1
    Materials 115.6 0.9 0.0
    Other inputs 112.0 -1.3 -1.6
       
By type of building      
Newbuilding      
    Blocks of flats 113.5 0.8 -0.3
    Detached residential houses 113.0 0.6 -0.1
    Office and commercial buildings 113.0 1.6 -0.3
    Industrial and warehouse buildings 114.3 2.7 0.0
    Agricultural production buildings 116.6 -2.2 -0.6

Source: Building cost index 2009, 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 12.2.2009

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. January 2009. Helsinki: Statistics Finland [referred: 16.9.2019].
Access method: http://www.stat.fi/til/rki/2009/01/rki_2009_01_2009-02-12_tie_001_en.html