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

Latest publication: Building cost index 2019, September

Published: 11 December 2009

Building costs fell by 1.8 per cent in November

Building costs were 1.8 per cent lower in November 2009 than in November 2008. Labour costs in construction rose by 2.2 per cent in the year. By contrast, prices of materials fell by 2.5 per cent and those of other inputs by 7.2 per cent. This is indicated by the Building Cost Index of Statistics Finland.

From October to November, the total index of building costs fell by 0.1 procent. The prices for labour remained unchanged. By contrast the prices of materials fell by 0.1 procent and those of other inputs by 0.6 per cent from October.

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

Index November
2009
Change %
11/2008 - 11/2009
Change %
10/2009 - 11/2009
Building trade newbuilding      
Total index 112.5 -1.8 -0.1
    Labour 113.8 2.2 0.0
    Materials 113.2 -2.5 -0.1
    Other inputs 107.8 -7.2 -0.6
       
By type of building      
Newbuilding      
    Blocks of flats 113.0 -1.4 0.0
    Detached residential houses 112.4 -1.6 -0.1
    Office and commercial buildings 112.2 -1.7 -0.1
    Industrial and warehouse buildings 112.6 -2.2 -0.2
    Agricultural production buildings 114.9 -2.8 -0.1

Source: Building cost index 2009, November. 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 11.12.2009

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. November 2009. Helsinki: Statistics Finland [referred: 12.11.2019].
Access method: http://www.stat.fi/til/rki/2009/11/rki_2009_11_2009-12-11_tie_001_en.html