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

Latest publication: Building cost index 2019, October

Published: 9 April 2009

Total index of building costs on level with the year before

In March 2009 building costs were on level with March 2008. Labour costs in construction went up by 4.6 per cent. Prices of materials went down by 1.5 per cent and those of other inputs went down by 4.0 per cent year-on-year. This is indicated by the building cost index of Statistics Finland.

From February to March the total index of building costs went up by 0.4 per cent. The prices for labour rose by 3.0 procent. The prices of materials went down by 0.7 procent and the prices of those for other inputs by 1.1 per cent.

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

Index March
2009
Change %
3/2008 - 3/2009
Change %
2/2009 - 3/2009
Building trade newbuilding      
Total index 113.8 0.0 0.4
    Labour 114.9 4.6 3.0
    Materials 114.1 -1.5 -0.7
    Other inputs 110.4 -4.0 -1.1
       
By type of building      
Newbuilding      
    Blocks of flats 114.0 -0.5 0.6
    Detached residential houses 113.8 -0.6 0.9
    Office and commercial buildings 113.2 0.2 0.3
    Industrial and warehouse buildings 114.3 0.8 0.2
    Agricultural production buildings 115.8 -4.6 0.2

Source: Building cost index 2009, March. 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 9.4.2009

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. March 2009. Helsinki: Statistics Finland [referred: 18.11.2019].
Access method: http://www.stat.fi/til/rki/2009/03/rki_2009_03_2009-04-09_tie_001_en.html