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

Latest publication: Building cost index 2019, October

Published: 12 June 2009

Building costs fell by 1.2 per cent in May

Building costs were 1.2 per cent lower in May 2009 than in May 2008. Labour costs in construction rose by 3.1 per cent in the year. By contrast, prices of materials fell by 2.4 per cent and those of other inputs by 5.3 per cent. This is indicated by the Building Cost Index of Statistics Finland.

From April to May, the total index of building costs fell by 0.2 per cent. The prices for labour fell by 0.3 procent, the prices of materials by 0.1 procent and those of other inputs 0.3 procent.

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

Index May
2009
Change %
5/2008 - 5/2009
Change %
4/2009 - 5/2009
Building trade newbuilding      
Total index 113.1 -1.2 -0.2
    Labour 113.5 3.1 -0.3
    Materials 113.8 -2.4 -0.1
    Other inputs 110.1 -5.3 -0.3
       
By type of building      
Newbuilding      
    Blocks of flats 113.0 -1.4 -0.5
    Detached residential houses 113.0 -1.6 -0.6
    Office and commercial buildings 112.7 -0.9 0.1
    Industrial and warehouse buildings 113.6 -0.7 -0.2
    Agricultural production buildings 115.2 -4.9 -0.3

Source: Building cost index 2009, May. 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 12.6.2009

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. May 2009. Helsinki: Statistics Finland [referred: 18.11.2019].
Access method: http://www.stat.fi/til/rki/2009/05/rki_2009_05_2009-06-12_tie_001_en.html