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

Latest publication: Building cost index 2019, September

Published: 12 August 2009

Building costs fell by 1.9 per cent in July

Building costs were 1.9 per cent lower in July 2009 than in July 2008. Labour costs in construction rose by 2.7 per cent in the year. By contrast, prices of materials fell by 3.1 per cent and those of other inputs by 6.7 per cent. This is indicated by the Building Cost Index of Statistics Finland.

From June to July, the total index of building costs remained unchanged. The prices for labour also remained unchanged from June. The prices of materials rose by 0.1 per cent, whereas those of other inputs fell by 0.6 per cent from June.

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

Index July
2009
Change %
7/2008 - 7/2009
Change %
6/2009 - 7/2009
Building trade newbuilding      
Total index 112.8 -1.9 0.0
    Labour 113.4 2.7 0.0
    Materials 113.5 -3.1 0.1
    Other inputs 109.4 -6.7 -0.6
       
By type of building      
Newbuilding      
    Blocks of flats 113.1 -1.8 0.1
    Detached residential houses 112.9 -1.9 0.0
    Office and commercial buildings 112.6 -1.7 -0.1
    Industrial and warehouse buildings 112.9 -2.1 -0.1
    Agricultural production buildings 115.1 -4.6 0.2

Source: Building cost index 2009, July. Statistics Finland

Inquiries: Mr Mika Sirviö +358 9 1734 2709, rakennus.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

Tables

Tables in databases


Last updated 13.8.2009

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. July 2009. Helsinki: Statistics Finland [referred: 15.11.2019].
Access method: http://www.stat.fi/til/rki/2009/07/rki_2009_07_2009-08-12_tie_001_en.html